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DEFLATION Is A Bigger Risk Than Inflation (WARNING) Imagine if stuff got cheaper. You must think it's going to be great. Your food will cost less, the gas will be cheaper, and you will be left with more money after paying your rent or mortgage. You could go on vacations or invest more for retirement. But that's the opposite of the truth. When things get cheaper, companies make fewer profits. When companies make fewer profits, they start firing people. When people don't have jobs, they don't spend money. When people don't spend money, there is less demand for goods. Less demand for goods means goods get cheaper. As you can see, we are in a circle. If things get cheaper, the economy shrinks. People lose their jobs and unemployment surges. This phenomenon is called deflation. It is the opposite of inflation, and even a tiny bit of deflation is much worse than inflation. The last deflation was the 2008 banking crisis. The one before this was the great depression in the previous century. In this video, we will be discussing how deflation is a bigger risk than inflation. #deflation #inflation TIMESTAMPS: 00:00 - Intro. 01:05 - Effects of Deflation 02:55 - Is Deflation worse than Inflation? 04:33 - Survive through Deflation 06:50 - Profit from Deflation 08:27 - Continue with Investing 08:46 - Like, share, subscribe & comment 09:06 - Thank You & Wrap up! ➡️ Subscribe NOW to learn MORE: https://bit.ly/3CdWJFA ✅Make sure to share this with someone who needs to see this. ✅Make sure to leave a comment with the key message you learned or understood. ✅Make sure to hit the 🔔 sign to get notified and be the first to see new videos. 👉 Investing Playlist ► • Investing 👉 Personal Finance Playlist ► • Personal Finance 👉 Financial Education Playlist ► • Financial Education ➡️ Business Inquiries Only: [email protected] DISCLAIMER: We are NOT financial advisors. These videos and the ideas presented are for informational purposes. It should NOT be construed as financial or other professional advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based upon these videos is accurate. As a result, we are NOT responsible for your use of the information obtained from these videos. Again, always DO YOUR OWN DUE DILIGENCE.