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Mild deflation may not be such a problem on one country, but global deflation is a serious problem and there is no fix except to inflate the money supply;that is called pushing on a string. I suppose that public works are the ultimate answer, or a war. That is human history and likely our future. I am not unduly negative, but looking at where events are unfolding, in stead of waiting for statistics to be published is helpful.
Oct 08 11:42 am
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All Comments by whidbey »Anticipated Inflation in a Deflationary Environment [View article]