Deflation
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About The Book

This book was originally published in 2004. Fears of deflation seemed nothing more than a relic of the Great Depression. However beginning in the 1990s persistently falling consumer prices have emerged in Japan China and elsewhere. Deflation is also a distinct possibility in some of the major European area economies especially Germany and emerged as a concern of the US Federal Reserve in 2003. Deflation may be worse than inflation not only because the real burden of debt rises but also because f

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Details

ISBN 13
:
9780521837996
Publication Date
:
11-04-2004
Pages
:
384
Weight
:
607 grams
Dimensions
:
151.89x228.09x21.73 mm
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