Why Deflation is Bad?Deflation is the opposite of inflation but its also not good for the economy. It is the general decrease in the price level of goods and services. It has different reasons, firstly that people see that the price is decreasing day by day and they do not spend money and will wait for further decrease in prices. They let the money with themselves which is an investment for them. If you will borrow money from banks it will benefit you too much, even the bank interest rate is zero, and the economy is not doing well and this will depressed the economy. It also creates problem ...
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