Wednesday, 4 February 2015

Oil-led deflation can be good, bad or ugly

retail sales discount

Even as oil claws its way back from recent lows, the falling price of crude has highlighted the dangerous effects of deflation. But as central banks consider what to do, they must distinguish between good, bad and ugly deflation, Don Pittis writes.






source CBC | CBC News - Analysis News http://ift.tt/16lJj9q

No comments:

Post a Comment