When deflation occurs 90% of the time nothing bad happens

no it resulted in deflation

It was an effect

Because prices were adjusting to market levels

Which reinforced the depression

after the artificial push up

did nothing

What reinforced it was hoovers interventionism

And FDRs interventionism

deflation was an effect of the depression not a cause

deflation is good as real incomes rise, cheaper to do business etc

Not to mention demand doesn’t run the economy

sorry, old pic

But incomes fall, profits fall, wages fall

Which incentivizes hoarding, which delays recovery

(hoarding of money)

The depression didn’t end there

It continued until the 40s

unemployment was still damn high

Yes

if anything FDR continued it

Alongside Hoover

guys if we had communism

It took the biggest government stimulus in history to end the depression

World War II

They both had the same Keynesian policies

WW2 didn’t end it either

It did though

literally no one would be unemployed

wtf

oof

Incomes fall profits wall wages fall

Just have the government buy everyone as slaves

No

No one unemployment

Because deflation happens due to the natural market forces

Not artificial

which is healthy

Which still causes wages and incomes to fall

“Hoarding”