The Worst Piece of Financial Reporting … Ever
Posted in Economic Illiteracy, Price System on Feb 18th, 2009
For now, Fed officials are more worried about falling prices, than rising ones.The Fed didn’t use the word “deflation,” which is a dangerous bout of falling prices, but officials noted “some risk of a protracted period of excessively low inflation.” Falling prices sound like a gift at first – at least to consumers. But a […]
