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To: Darth Trader who wrote (35785)3/2/1998 6:49:00 AM
From: Patrick Slevin  Respond to of 58727
 
Deflation

I don't know if that's true. The last time this country had deflation was in the '30s. Economists still have not figured out how the US got out of it, unless it was the war.

Meanwhile inflation has occurred more than once since.

The concern is not, from what I have read, about US deflation, but Asian and possibly Euro deflation.

But I'm no economist, either.