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To: ThePythonicCow

Just for grins, my recollection is that the USA experience 1 year of deflation since the 1930s and that was in 1986. The oil market collapsed and Texas went into a depression. It was a mild deflation and you know the boom that followed.

Like I said, just for grins. I think 1986 was the only year since the 1930s that the US economy actually experienced deflation and it turned out to be a good thing, well if you weren’t a Texan. This current deflation, well..


64 posted on 09/28/2008 2:17:44 AM PDT by Freedom_Is_Not_Free
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To: Freedom_Is_Not_Free
Could be -- I was working 90 hours a week in a Silicon Valley startup at the time, and might not have noticed the general economic condition.
67 posted on 09/28/2008 2:24:39 AM PDT by ThePythonicCow (By their false faith in Man as God, the left would destroy us. They call this faith change.)
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