Quote:
Originally Posted by radix
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Which brings me back to my original statement that:
Quote:
Originally Posted by BTM
There is just as much speculation as to deflation as there is to hyperinflation.
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It is true that in the US we experienced an annum of slightly negative inflation (-0.34). The figure, which from "our" perspective, is a little more transparent in showing how we are really doing and accounting for inflation and price changes is CPI, which at -0.4% indicates that in 2009 we were 0.4% less able to afford things. Perusing the chart I have linked, there are sporadic instances of decreased consumer well being, the most extended of which predictably happened in the GD. Whether or not the negative trend continues is currently being debated, with outlook looking somewhat positive in the last few months for CPI-U (urban consumers, which are a majority population within the US)
http://www.usinflationcalculator.com...-1913-to-2008/
http://www.bls.gov/news.release/pdf/cpi.pdf