31. In Defense of Deflation with Philipp Bagus

This week we host Philipp Bagus, the economist who wrote the definitive Austrian treatment of deflation, In Defense of Deflation. We discuss the history of anti-deflation thought in economics, the different kinds of deflation, the consequences of deflation, and whether this is a problem for bitcoin. We also discuss Philipp’s views on bitcoin, as well as his work on the Euro.