Post
Topic
Board Economics
Re: Were the Keynesians wrong?
by
username18333
on 31/01/2015, 05:40:04 UTC
. . .

So if this is an indication: 66% deflation in the biggest economic sector on earth for 4 decades while it is one of the most fertile sectors economically speaking, then you might start to get a small doubt that a mid deflation of a few percent per year will trigger a deflationary spiral, no ?


Quote from: deflation, Merriam-Webster, Inc. link=http://www.merriam-webster.com/dictionary/a?ref=dictionary&word=deflation#
2  :  a contraction in the volume of available money or credit that results in a general decline in prices
(Red colorization mine.)

The supply of electronics was expanded.