Should we worry about deflation?
Ludwig von Mises Institute
by Doug French
11/18/08
There is now worldwide worrying about price deflation again. After all, real estate prices have sunk, stock prices have hit the ditch, the price of oil has the sheiks concerned, and even Las Vegas hotel room rates have plunged. Sounds like all good news for those of us who buy things, at the same time being a bit of a bummer for heavily indebted sellers. … Yes, the current economics brain trust is worried that consumers will collectively show the good sense to delay purchases, pay down debt, and increase their savings...
http://mises.org/story/3219
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=deflation
http://freepage.twoday.net/search?q=real+estate
http://freepage.twoday.net/search?q=stock+price
by Doug French
11/18/08
There is now worldwide worrying about price deflation again. After all, real estate prices have sunk, stock prices have hit the ditch, the price of oil has the sheiks concerned, and even Las Vegas hotel room rates have plunged. Sounds like all good news for those of us who buy things, at the same time being a bit of a bummer for heavily indebted sellers. … Yes, the current economics brain trust is worried that consumers will collectively show the good sense to delay purchases, pay down debt, and increase their savings...
http://mises.org/story/3219
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=deflation
http://freepage.twoday.net/search?q=real+estate
http://freepage.twoday.net/search?q=stock+price
rudkla - 19. Nov, 10:18
