The popular idea that prices should fall to previous lows gives most economists chills. Deflation is bad for everyone, they say.
The popular idea that prices should fall to previous lows gives most economists chills. Deflation is bad for everyone, they say.
maybe but I have been around for awhile and all I notice with high unemployment is the serialization gets higher but often it seems like the work still needs to get done. They try to clean house and replace with cheaper but then things don’t do so well and they start filling with quality and rinse and repeat.