Global deflation risk grows

Christian Science Monitor by Mark Trumbull | Nov. 20, 2008 (News Report)
October saw one of only seven monthly drops in the core Consumer Price Index since 1947

Global concern about inflation, which was widespread just a few months ago, has given way to worries about an opposite and potentially more dangerous problem: deflation. Full Story »

Posted by Dan Kennedy

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3.5
 by Dan Kennedy - Nov. 19, 2008

Solid, workmanlike story that shows why falling prices, far from being a good development, could actually lead to a dangerous deflationary spiral.

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