Deflation, unlike it’s counterpart inflation, is a fairly misunderstood force when it comes to understanding the economy. The textbook definition of deflation is simply a general decline in the price of goods and services. This decline is attributed to monetary policy by central banks, such as The Federal Reserve. If left unchecked, it can damageContinue reading “Deflation: As Explained By The LUCAS”
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The Firefighter Economist 