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walmart: Are we really headed for a deflationary spiral? - 11/20/08 01:11 PM
This is a good question if you read today's headlines.  Jeff Belonger also wrote a great article about Deflation and Inflation and why we should be worried about a deflationary depression.  The big difference between 1929 and today is who will be in charge of the government over the next four years.
My worry right now is that we're actually going to see a inflationary spiral that we haven't seen except in third world countries in the 1980's.  When I was a teenager, I remember news reports of Argentina or Mexico going through incredible inflationary spirals.  I also remember studying post … (2 comments)

 
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Karl Christen

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