Posted 10/26/2025 13:47 (#11413724 - in reply to #11413366) Subject: RE: Grain Production business tactics
Pofarmer - 10/26/2025 09:03
Deflation is bad, and very difficult for govts to counter act, this is true.
It's the main reason they propped up the big banks in 08-09, they were terrified of deflation.
It's why the covid money came around.
A little deflation then might have prevented worse bubbles from popping up, though.
They weren’t afraid of deflation— and yes, at times a little bit is good. They were afraid of a flat out depression. That’s why the money injected into the economy in Trump round 1 was likely a good thing. Trump round 2 was questionable. Biden’s shoveling money out was absolutely horrible and will likely cause a depression in the next 5-10 years.