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> There will not be many working people if the economy is deflationary.

The us had deflation between 1860 and 1910. I guess at the end of fifty years of that we had, like, no laborers, or something.

Please read a history book before provably wrong macro dogma rots your brain and all you do is spout nonsense that could actually harm people.

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That time period featured the longest depressionary period in US history with large spikes in unemployment [1]

[1] https://en.m.wikipedia.org/wiki/Long_Depression#:~:text=In%2....

And yet the economy grew and the country rose out of the ashes of an incredibly destructive civil war and became a world power, and brought a LOT of people out of poverty. So, maybe don't sweat the little stuff?

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