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To: sparklite2
Having experienced Jimmy Carter’s 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.

15 posted on 12/07/2015 12:27:29 PM PST by expat_panama
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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.)
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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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