Deflation is bad.
Makes real debt burderns larger.
Less loans made = low growth.
-JDW
About Demand Equilibrium!'s author
- J. Daniel Wright
- I'm a budget analyst in Washington, D.C. This blog has a number of purposes: I use this blog to have a historical, electronic record of my financial/economic readings. Another purpose is to write about current economic, financial, investment, and market data while developing my writing style and voice. Finally, I try to spice it up by throwing in humorous cartoons, pictures, and haikus. I hope you enjoy.
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