Why We Should Worry about Deflation
There are some sound theoretical reasons to favor deflation. Since increasing productivity brings prices down deflation is a sign of progress.
There are some sound theoretical reasons to favor deflation. Since increasing productivity brings prices down deflation is a sign of progress.
I can recall reading this article by Michael Lewis when it first appeared, but it holds
The Chinese stock markets have been closed for several days to celebrate the new year--the year of the Rat.
There is this term in the software world: upgrade. You think it might mean upgrade but it doesn’t necessarily.