Basically, unless you're willing to write down debts and save the economy, you're going to have deflation and a steady drain in purchasing power - that is, shrinking markets.
Michael Hudson
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This page presents the quote "Basically, unless you're willing to write down debts and save the economy, you're going to have deflation and a steady drain in purchasing power - that is, shrinking markets.". Author of this quote is Michael Hudson. This quote is about writing, deflation, steady, purchasing power, willing, debt, shrinking, economy,.