TITLE

Deflated Expectations

AUTHOR(S)
Selgin, George
PUB. DATE
February 2009
SOURCE
American Conservative;2/9/2009, Vol. 8 Issue 3, p14
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The author reflects on the implication of deflation for the U.S. economy. He notes that the country emerged from the Great Depression's trauma with a severe case of deflation anxiety. He attributed this to consumers who were confronted with more to spend money. He points out and suggests that people should fear central bank policies that prevent good deflation.
ACCESSION #
36361973

 

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