SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Deflation

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (167)11/20/2002 9:09:53 PM
From: ahhaha  Read Replies (1) of 621
 
You mean it(deflation) to mean the rate of increase in prices reducing,

You must not be familiar with pseudo pundits like Stephen Roach at Morgan. They have repeatedly claimed we are in deflation. Not only them but everywhere we see people concerned about deflation. This only proves how deluded they are and how little they understand about how world economies work in this era.

Deflation has only occurred once in this country in 100 years. We had a mild deflation during the years '31 - '33. Since 1933 the CPI has never fallen. It isn't possible to have deflation because the FED won't permit it. Since FED won't permit deflation we only ever can have some degree of inflation. Therefore, discussions about deflation are absurd. It's a case of the emperor's new clothes. It's like discussing the color of unicorns.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext