Thursday, November 20, 2008

What is Deflation?

Why should were care about deflation? Prices will get cheaper which would be good right??? Not necessarily. Not all prices will drop but the biggest part of deflation is Salary cuts and job loss! Read the articles for more specific information.
(BL)

Deflation 101: What It Means When Prices Fall
http://www.smartmoney.com/Investing/Economy/Deflation-What-It-Means-When-Prices-Fall/

Deflation 101: How Consumers Can Cope
http://www.smartmoney.com/Investing/Economy/Deflation-101-Consumers-and-Falling-Prices/

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