STOP
If you devalue your currency to low you'll doom your entire civilization.
You don't make money by taking out loans with interest where the present value of the asset deteriorates.
If you're referring to QE, they use that money to invest/speculate and the return on that is higher than the interest and inflation associated with the loan.
>It is a good thing for people with savings, a bad thing for people with debt.
So it incentivises people to take on debt then
>deflate the economy and their assets evaporate overnight leaving many underwater financially
This isnt good thing
People should look at housing as an expense not an investment
>will stop spending money
We have had massive deflation in most consumer goods yet people are not holding off on buying them
>devalue your currency
>deflation
>People should look at housing as an expense not an investment
agreed but the transition from home as a store of value to home as a drain on resources will be violent
I'm not saying don't do it but it's gotta be done carefully or a lot of mostly older people will get fucked over bad
>or a lot of mostly older people will get fucked over bad
Their kids who will benefit from it can help them out
Its not?
It's not, especially if its a slow deflation. Just means shit gets more affordable.
It's pretty decent at dropping bombs, to be fair.
But yeah, shy of killing, it's a pretty worthless thing.