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  • 2 years ago
Logical Anarchy Today Episode 99 - Is Deflation Really That Bad?

Logical Anarchy Today Episode 99 - Is Deflation Really That Bad?

Statist economists have, for a while now, tried to claim that deflation and the falling prices associated with it is bad. But should the purchasing power of money increasing be a good thing? Doesn't that mean that the poorest of the poor are now able to have their money go farther? Isn't that progress? As an example, the original Apple 1 computer sold for $666.66 in 1976. Factoring for inflation, that is equivalent to $2,841.11. Today you can by a laptop that is much better that the Apple 1 for $300. Has the economy and tech market collapsed because of that? Of course not.Logical Anarchy Today Episode 93 – How Much Money Does the Economy Need?Tom Woods Liberty ClassroomInterested in Bitcoin as an alternative to US Dollars? Use our Coinbase link!If you sign up with our coinbase link and purchase $100 in bitcoin, you will recieve an extra $10 from coinbase.The "Shift" Bitcoin debit card is through coinbase as well.Support the show by entering Amazon through our linkHERE!Support the show

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