--- title: "Meaning & Key Takeaway of: When they say inflation is bad, deflation…" description: "\"When they say inflation is bad, deflation is good, what they mean is, more money for us 1% is good; we're all for asset price inflation, we're all for ..." image: "https://sms4smile.com/quotes/i/428/michael-hudson-2134_assets_when-they-say-inflation-is-bad-deflation_2524975.jpg" --- # When they say inflation is bad, deflation is good, what… ![“When they say inflation is bad, deflation is good, what they mean is, more money for us 1% is good; we're all for asset price inflation, we're all for housing prices going up, and we're all for our stock and bonds prices going up. We're just against you workers getting more income.” quote by Michael Hudson](https://sms4smile.com/quotes/i/428/michael-hudson-2134_assets_when-they-say-inflation-is-bad-deflation_2524975.jpg) [Download](https://sms4smile.com/quotes/i/428/michael-hudson-2134_assets_when-they-say-inflation-is-bad-deflation_2524975.jpg) [Open image](https://sms4smile.com/quotes/i/428/michael-hudson-2134_assets_when-they-say-inflation-is-bad-deflation_2524975.jpg) > “When they say inflation is bad, deflation is good, what they mean is, more money for us 1% is good; we're all for asset price inflation, we're all for housing prices going up, and we're all for our stock and bonds prices going up. We're just against you workers getting more income.” [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The speaker claims that inflation is portrayed as negative while deflation is positive, but the real issue is that asset price inflation benefits owners, not workers' wages. **In simple terms:** Asset price rises help owners, not workers. Key Takeaway Recognize who benefits from inflation policies. Themes economics wealth inequality inflation labor Mood critical analytical Type economic political When to use this quote - policy debate - investment decisions - wage negotiations - public discourse - null Key Concepts political economy distribution of wealth Questions to Reflect On - Who truly gains from rising asset prices? - How can policies balance asset growth and wage growth? A Different Perspective It overlooks the broader macroeconomic impacts of inflation on purchasing power. ★ ★ ★ ★ ★ No ratings yet [Customer](https://sms4smile.com/quotes/about/customer/) [Deflation](https://sms4smile.com/quotes/about/deflation/) [Housing](https://sms4smile.com/quotes/about/housing/) [Income](https://sms4smile.com/quotes/about/income/) [Inflation](https://sms4smile.com/quotes/about/inflation/) [Workers](https://sms4smile.com/quotes/about/workers/) ## Related quotes > [“It is one thing when prices drift downward over time due to innovation, scalability or other efficiencies. This might be considered “good” deflation and…](https://sms4smile.com/quotes/james-rickards/it-is-one-thing-when-prices-drift-downward-over-time-due-to/) [James Rickards](https://sms4smile.com/quotes/author/james-rickards/) > [Inflation is not all bad. 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