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Non-Tech : Deflation
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To: Maurice Winn who wrote (435)7/25/2008 11:09:27 PM
From: JF Quinnelly  Read Replies (1) of 621
 
I see the same sort of articles here. Inflation in food and energy, deflation in housing.

A lot will depend on the health of banks. If their assets keep collapsing there won't be any lending to speak of. Which would tilt towards deflation. Unless Congress figures out some way to unload all of the banks' bad assets onto the taxpayer, which ought to finish off the dollar in an explosion of inflation.

So there you have it. Inflationary deflation and deflationary inflation. Clear as mud.
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