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The Pros of Deflation...
Click to view QueryIt's profile Posted by: QueryIt // 1 month ago // viewed 30 times
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Last updated: 1 month ago
Several in the news media and the financial world are speaking out on the negatives associated with "deflation" in the economy. While, as with most things, there are negatives, there are also a great number of positives associated with "deflation".
Deflation is a good thing...
1. If you are living on a "fixed" income.
2. If you have access to adequate cash.
3. If you need to purchase fuel at lower prices.
4. If you need to purchase food at lower prices.
5. If you need to purchase clothing at lower prices.
6. If you need extra money to purchase your medications.
7. If you need extra money to pay your medical bills or medical co-payments or medical deductibles or medical insurance premiums.
8. If you need extra money to assist your elderly parents survive.
9. If you are living off meager Social Security income.
10. If you need to increase your overall "purchasing power" for any goods or services.
Deflation is a very good thing for a large segment of American consumers.
Drop prices...Continue to drop!
Don't buy until you get a "bargain" price!
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