President Barack Obama Message Board

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Politics : President Barack Obama

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To: RetiredNow who wrote (146763)	11/5/2014 9:36:48 AM
From: Road Walker	Read Replies (1) of 149317

Deflation elsewhere is actually good for the consumer, even though we like to pretend it is not. I personally love lower gas and food prices, if I can get them. Deflation is anything but good, for anyone. Look at history. Even very recent history with property deflation. Don't even go there.

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