Yeah, that's pretty much the definition of an economic depression. Massive deflation, crowds of desperate unemployed to serve you, and things are actually great for anyone sitting on a huge pile of money, which becomes extremely valuable.
I wonder if fears of hyperinflation are common in those circles. Some generic stereotypical redneck might ride out this economic disaster still in possession of his truck, farm, shotgun, and dog; owning a bank account full of numbers and many stock certificates from failed companies would not be so satisfying.
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james_davis_nicoll) wrote2014-09-28 02:34 am
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