Hurts So Good: When Exactly Are Falling Prices Bad?
The sudden fall in the price of oil provides a unique opportunity to examine the widely held belief that deflation is economic poison. As many governments and central banks have vowed to fight deflation at all costs in 2015, the question could hardly be more significant. While falling prices may strike the layman as cause […]
Hurts So Good: When Exactly Are Falling Prices Bad? Read More »