The Five Ways Deflation Has Already Taken Hold

Of the seven varieties of deflation, five are already at work in the U.S. economy. Commodity Deflation: In 2009 and 2010, the increases in commodity prices revived memories of the 1970s inflation spiral that resulted from the earlier mushrooming costs of the Vietnam War and the Great Society pro…

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The Five Ways Deflation Has Already Taken Hold

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