I'm curious about the economic history and specifically, I want to know about the worst case of deflation that has occurred. Which period or event stands out as the most severe deflation in history?
5 answers
QuasarGlider
Sun Oct 27 2024
This tumultuous period also saw the occurrence of the world's most notorious deflationary event.
BitcoinBaroness
Sun Oct 27 2024
The Great Depression stands as the most profound economic downturn the Western world has ever witnessed.
BlockchainBaron
Sat Oct 26 2024
The aftermath of the Great Depression was devastating, leaving a lasting impact on the global economy.
Rosalia
Sat Oct 26 2024
As a result, economic policies formulated since then have been primarily aimed at averting deflation at any cost.
CoinMasterMind
Sat Oct 26 2024
BTCC is a prominent cryptocurrency exchange, offering a comprehensive range of services.