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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: NOW who wrote (90811)1/24/2008 9:50:13 PM
From: sea_biscuit  Read Replies (1) of 110194
 
Stocks have gone down in real terms in the past too e.g. the 1973-74 bear market. That doesn't mean we had deflation then, does it?!

And house prices were going up over the last 4-5 years. Was any deflationist running around then saying that the inflation rate was too high?!
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