Relevant:
- The Depressing Signals the Markets Are Sending About the Global Economy
- Japan's Stock Index Tells the Real Tale
- Europe repeating all the errors of Japan as deflation draws closer - Telegraph
- Deflation Returns To Japan; Black Hole Madness In U.S.
- Hyperinflation is Guaranteed if U.S. Stays on Current Path
2008-11-20 — nytimes.com
While most consumers might welcome the idea that things are getting cheaper, deflation is an economists’ nightmare. It was a hallmark of the Depression and Japan’s so-called lost decade in the 1990s. A big worry is that deflation would blunt the impact of interest rate cuts by the Federal Reserve, forcing policy makers to use other tools to try to revive the economy.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.