Deflationary spiral

From Bitcoin Wiki
Revision as of 20:01, 16 December 2010 by Kiba (talk | contribs)
Jump to navigation Jump to search

Deflationary spiral is an economic criticism made against bitcoin that propose that price falling below cost would eventually lead to the collapse of the currency.

Economic history

The first deflationary spiral is a phrase of economic growth caused by the slashdot effect.