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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (11788)4/23/2009 4:25:02 PM
From: HPilot  Read Replies (2) | Respond to of 103300
 
while deflation punishes SPENDERS.

U'mm no it helps spenders as well, but not as much. Deflation tends to be ahead of pay cuts so spenders benifit as well. What is hurt is banking, because the interest rates fall extremely low.