What’s the Real Risk of Deflation? - Real Time Economics - WSJ
Been a while since I posted (I know). I have been updating regularly at other venues (Facebook and MySpace). I still try to get back here occasionally though.
This article does make me ponder this: if you maintain employment throughout, a deflationary cycle is good since your money will go further.
My gut tells me we will need to go through another inflationary cycle at some point in order to correct.