Deflation

Deflation is a phenomenon characterized by a persistent decline in the general price level of goods and services. This means that the purchasing power of money increases over time, as people can buy more goods and services with the same amount of money. Although deflation may seem like a positive development at first, it can have significant negative effects on the economy and people’s lives. In this article, we will explore what deflation is, what factors can lead to deflation, the disadvantages of deflation, and what to invest in during…