Just heard an explanation on NPR about why deflation is a problem. The reporter said "And that's why the Fed does all they can to avoid it"No, it makes me want to cry.
Thought you might be amused.
Your Astronomy Geeking of the Day
2 hours ago
This blog was previously devoted to seeing to it that Larry Summers get to spend more time with his family. Mission accomplished! The next mission is to provide the President with sage Economic advice.