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Non-Tech : Deflation
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To: ahhaha who wrote (155)11/13/2002 12:08:30 AM
From: Maurice Winn  Read Replies (1) of 621
 
Huh? That's news to me. So inflation could be running at 40% and we could be simultaneously experiencing deflation. I've never heard of that one.

Prices rising fast is still inflation. I think you might be pulling my leg. So how come economists worry about deflation. "Oh, how terrible. We've got deflation and the inflation rate has dropped from 80% per year down to 70% per year". I've never heard that. Inflation is considered bad and attempts are always made to reduce it a low rate. I've never heard moaning about reductions in inflation.

Mqurice
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