Birdwatch Note Rating
2025-02-25 18:37:55 UTC - NOT_HELPFUL
Rated by Participant: 81DDB4F4D4010A4DB8DCC0AF9107034BBE6F54C9A38EBEA38C7E1A18DFB8C260
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Original Note:
Economists generally believe that a sudden deflationary shock is a problem in a modern economy because it increases the real value of debt, especially if the deflation is unexpected. Deflation may also aggravate recessions and lead to a deflationary spiral. 2% inflation is fine https://www.economist.com/the-economist-explains/2015/01/07/why-deflation-is-bad
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