Deflating Deflationary Fears

Deflating Deflationary Fears

Deflating Deflationary Fears

Source: Charles Plosser
From a nice newspaper past times Charles Plosser with that catchy title.  Yes, it's 10 years old, but the lesson is appropriate inward today's hysteria. That dreaded deflationary spiral is e'er only to a greater extent than or less the corner.
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