To: sparklite2
Having experienced Jimmy Carterâs stagflation, deflation seems benign. Those that went thru FDR's deflation would not want to use the word 'benign'. Yeah, inflation's not as good as stable prices but ten percent deflation's a lot worse than ten percent inflation.
To: expat_panama
Compared to Carter’s inflation, what we have now is benign.
Maybe I didn’t state it well enough the first time.
16 posted on
12/07/2015 12:32:23 PM PST by
sparklite2
(Islam = all bathwater, no baby.)
To: expat_panama
"Those that went thru FDR's deflation would not want to use the word 'benign'. " My dad said no one had any money then.
20 posted on
12/07/2015 2:17:50 PM PST by
blam
(Jeff Sessions For President)
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