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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks
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From: Jack Hartmann11/19/2008 2:12:48 PM
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Consumer prices plunged 1 percent last month, more than forecast and the most since records began in 1947.

You would have to go to the 1930-33 years where prices dropped 10% a year for three years. Everything was cheap, but a majority had money. 30% unemployment also. Bernacke understands the demon of deflation and has spoke quite extensively on it. I think he is quite able to inflate the currency to prevent deflation. The problem is can he stop runaway inflation once deflation is gone?
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