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To: Empire_of_Liberty
I think that deflation is the hallmark of depression.

This is an interesting point. Inflation should be sufficient to force money away from savings, so implementation of negative interest rates must be an indicator of deflation. However, we're certainly not seeing deflation at the gas pumps or grocery checkout lines.

Strange times. I don't think this ends well.

8 posted on 04/24/2021 8:53:02 PM PDT by The Duke (Search for 'Sydney Ducks' and understand what is needed.)
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To: The Duke

More like stagflation.
Germany has highest cost of electricity in Europe.


10 posted on 04/24/2021 9:08:20 PM PDT by spokeshave (White Confederate statue kills black man......Another month of protests.... (HT to seawolf101))
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