Why Do Governments Fear Deflation? Printer Turning Back On Soon? ft. Peter St Onge

In this video, Peter discusses the current state of the money supply, which is shrinking at the fastest rate since the 1930s. What does this mean for the economy? Will prices plummet, and will we see deflation? Peter explores the concept of inflation and deflation and why governments fear the latter. While some forms of deflation can be suitable, others can harm the economy. We also discuss what could happen if the government responds to deflation by printing more money and why this could be a bad idea.

Peter St Onge from @Profstonge has granted us permission to upload this video for our audience.
Peter's Twitter: https://twitter.com/profstonge?s=20

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DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.

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