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What do you think about deflation?
Thu Nov 20, 2008
- While deflation can (depending upon the length of time) lead to wages being lowered, we should not forget our basic economics.  The deflation we are now starting to see may also represent the fact that wages have lagged behind price for several years therefore we could only borrow to keep …
What do you think about deflation?
Thu Nov 20, 2008
- While deflation can (depending upon the length of time) lead to wages being lowered, we should not forget our basic economics.  The deflation we are now starting to see may also represent the fact that wages have lagged behind price for several years therefore we could only borrow to keep …

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