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Strategies & Market Trends : Asia Forum
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To: Worswick who wrote (6385)9/13/1998 2:02:00 PM
From: dave rose  Read Replies (1) of 9980
 
<<<<<..and remember that deflation once it gets started is very hard to stop.... because people simply
stop buying things Mr. Friedman. Take a trip to Tokyo. See for yourself. >>>>>

As a lurker and novice on ecomomics I do not understand this statement. It seems that a few hundred billion public sector projects mandated by the congress and paid for with printing press money would stop deflation in its tracks. I do not advocate this but what is wrong with my thinking?

daverose
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