07-21-2009, 04:31 PM
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#14 (permalink)
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Enthusiast Member
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Quote:
Originally Posted by Spikuh
I haven't been following the economy well for the better part of '09 so please correct me if I am off the mark, but the US may actually be seeing some deflation right now. If the fed's have the interest rate at the 0% mark, its entirely possible.
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I might start a economy thread just because I watch it like a hawk, but to answer your question in fact CPI went negative for the first time since I believe 1950 recently. However, and depending on who you talk to a negative CPI does not always equal deflation.
ETA: deflation is good
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