I keep toying with the deflationary idea and it has some merit... inflationary pressure requires a level of demand. If everyone is sick/unemployed/etc with interest rates >5% this forces everyone into a savings pattern and I don't see the demand to drive the inflation.
You could be on to something with.
I keep toying with the deflationary idea and it has some merit... inflationary pressure requires a level of demand. If everyone is sick/unemployed/etc with interest rates >5% this forces everyone into a savings pattern and I don't see the demand to drive the inflation.
You could be on to something with.
(post is archived)