ChatterBank7 mins ago
bussiness & finance
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Why we are not witnessing a shocking inflation similar to that of 30s depression in the current economic crisis,?
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No best answer has yet been selected by azassabi. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.We may see inflation at some stage but not yet. Fron 1929-1933 prices fell markedly (deflation) but in 1933 prices started to rise and there was rapid inflation.
Here's one article that may lead you on to research others.
http://www.gold-eagle.com/editorials_08/amerma n021209.html
Here's one article that may lead you on to research others.
http://www.gold-eagle.com/editorials_08/amerma n021209.html