Replies

I simply put the summary into paragraph form for readability and highlighted the conclusion. The paper is in pdf form at the site.

1 posted on 12/03/2014 2:07:21 PM PST by 1010RD

To: expat_panama; Wyatt's Torch; Pelham; Chgogal

Ping to a 2004 NBER paper that is very good and defining and distinguishing between good and bad deflation.

Please share your thoughts.

2 posted on 12/03/2014 2:08:32 PM PST by 1010RD (First, Do No Harm)

To: 1010RD

Never having experienced deflation (on the contrary, having known only inflation my entire life), is there a "bad" deflation?

7 posted on 12/03/2014 2:44:27 PM PST by Zionist Conspirator (Throne and Altar! [In Jerusalem!!!])

To: 1010RD

For a recent SWAG I concluded going on the gold standard would require deflation of about 33x.

14 posted on 12/03/2014 6:00:13 PM PST by ctdonath2 (Si vis pacem, para bellum.)

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