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Non-Tech : Deflation -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (176)11/21/2002 10:09:28 AM
From: ahhaha  Read Replies (2) | Respond to of 621
 
<The Reagan tax cuts proved me right.> How did they prove you right?

Keeping what you earn is greater effective stimulus than printing money.

<The biggest deal in the early 1980s was the decline in the price of oil from $40 per barrel to $10 a barrel.>

Falling oil price which actually didn't start falling meaningfully until 1986 never was a big deal. From '79 to '86 crude fell from $40 to $30.


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