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Inflation deflation red-flation blue-flation
Posted on 07.24.08 by R. Lee Wrights
Source: Ludwig von Mises Institute Author: Matthew Beller “A debate has been raging for some time among those in the finance industry about whether the United States is currently experiencing inflation, deflation, stagflation, reflation, hyperinflation, or maybe even some other sort of ‘-flation’ that only Dr. Seuss could imagine. Unfortunately, much of this debate is unproductive because the participants use varying definitions of these terms, and even when they use the same ones, deciding on one simple label might not be sufficient to describe the deeper economic forces at work and what their effects are likely to be.” (07/24/08) Link: http://mises.org/story/3040 Filed under: RRND Commentary | Report Bad Link Bookmark this post in Furl or Del.icio.us | |
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