Relatively few people alive today in the West have experienced deflation, but for Europeans, that may be changing.
Anxieties are rising in the euro zone that deflation—the phenomenon of persistent falling prices across the economy that blighted the lives of millions in the 1930s—may be starting to take root as it did in Japan in the mid-1990s. “Deflation: the hidden threat,” ran a headline emblazoned across a December…
View post: Where Deflation Risks Stir Concerns
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