Tagged: deflation

Should we be spooked by deflation? - The Dismal Science

Paul Walker Apr 19, 2015

Concerns about deflation – falling prices of goods and services – have loomed large in many recent policy discussions. In such discussions deflation is seen as always and everywhere a bad phenomenon. But as I have discussed a number of times before, see for example here, here and here, you need to draw a distinction between good and … Read More