That 30% is asset price deflation not monetary deflation. The main problem in the inflation/deflation debate is the failure to properly define terms.
On Apr 29 03:25 PM conceptwizard wrote:
> How does a 30% retraction in home pricing factor into this. I guess > I sufferd an imaginary loss. How come vehicle prices are 20% lower? > Which makes my trade in worth nothing.
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That 30% is asset price deflation not monetary deflation. The main problem in the inflation/deflation debate is the failure to properly define terms.
Apr 29 16:40 pm
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All Comments by John Polomny »The Deflation That Wasn't [View article]
On Apr 29 03:25 PM conceptwizard wrote:
> How does a 30% retraction in home pricing factor into this. I guess
> I sufferd an imaginary loss. How come vehicle prices are 20% lower?
> Which makes my trade in worth nothing.