Historical Perspective on CPI Deflations: How Damaging are They?
March 31, 2015Spread the love
Yet another central bank has announced a warning about the perils of deflation. Please consider China Central Bank Calls for Vigilance on Deflation . China’s central bank governor Zhou Xiaochuan warned on Sunday that the country needs to be vigilant for signs of deflation and said policymakers were closely watching slowing global economic growth and declining commodity prices
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Historical Perspective on CPI Deflations: How Damaging are They?
