2 ms·
one interesting aspect of inflation/deflation is that neither moves through the economy uniformly. one market can be inflating even while another is deflating
by stretchwithme 16y ago
one interesting aspect of inflation/deflation is that neither moves through the economy uniformly. one market can be inflating even while another is deflating
Right now, things are definitely deflating if looking at the whole. The loss of hundreds of billions in perceived value definitely removed some of the "currency" people thought was part of total buying power. The currency left over is naturally more valuable and price declines are the result.