Deflation: Whats Bad for the Economy May Be Good For You | Personal Dividends

31 Jul, 2009  |  Written by  |  under News

Fearless web patrol found this L3AK of interest page Deflation: Whats Bad for the Economy May Be Good For You | Personal Dividends worth a look.

From the page: “Deflation is a general decline in prices. It comes about when the supply of credit and money flow through the system is restricted. Severe deflation, especially if it continues for a long period of time, results in job loss, business failure and shrinking income. However, even though deflation is evident, we are not in a period of severe deflation. Prices on many things have fallen, making this a good time for certain purchases.”

Read more at Deflation: Whats Bad for the Economy May Be Good For You | Personal Dividends

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