Is Recession The Opposite Of Inflation?

If investors think that these surpluses will be much lower — that government will either default or inflate away, say, half of their future repayment — then the value of government debt will be only $7 trillion today, not $14 trillion. Bond holders will therefore try...

Advantages & Disadvantages Of Using Paper Currency

Inflation encourages people to spend their money before it falls in value. Deflation encourages people to hold onto their money while it rises in value. These, of course, can also happen to banks that operate with fiat. However, a bank will give you assistance, and...