All Commentary
Monday, January 9, 2012

Deflation Fears Emerge

“Ask most investors what they worry about, and they’ll tell you it’s inflation — specifically, a period of soaring prices that destroys the value of the dollar. But a growing number of economists and money managers are starting to worry about the opposite of inflation: deflation, a period of falling prices and declining incomes.” (USA Today)

Should we fear falling prices?

FEE Timely Classic
“Deflation: The Good, the Bad, and the Ugly” by Steven Horwitz