Re: How to battle deflation# Economics - 经济
x*e
1 楼
probably it is sth like the 'liquidity trap'
even if government keeps printing money, the consumers will still
hold the money mostly in bank, saving will keep on increasing;
monetary policy can work because people will be fooled at least for a
while, seems that now even if government increases money supply,
people will not feel that they r richer than before.
hehe
even if government keeps printing money, the consumers will still
hold the money mostly in bank, saving will keep on increasing;
monetary policy can work because people will be fooled at least for a
while, seems that now even if government increases money supply,
people will not feel that they r richer than before.
hehe