Friday, May 29, 2009

Deflation continues, house prices keep falling

NY Times: The Big Inflation Scare

Why all the talk of inflation... wages fall, so prices fall, so profits fall, so wages fall... All the hyperinflation talk is pure gorbals - tell someone inflation will be like Zimbabwe, and they believe there must at least be inflation.

Posted by tomski @ 06:39 PM (323 views) Add Comment

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