- Butwhenpopulationsshrink,overinvestmentgetsworseovertime,creatingadeflationaryspiral.Butcautiousincrementalism,ironically,riskslettingtheworldslipeverfurtherdownthedeflationaryspiral.However,thatstillleftadeflationarygapofover5%ofGDP,whichthrewtheIri...
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- adeflationarypolicy,measure,etcPricecutting.Inadeflationaryperiod,peoplelovebargains.Pursueadeflationarypolicy(thepolicyofdeflation)DERoquefort'svoicehadacalculatinganddeflationaryeffect.However,thatstillleftadeflationarygapofover5%ofGDP,whichthrewt...
- 30888
- However,thatstillleftadeflationarygapofover5%ofGDP,whichthrewtheIrisheconomyintothedeflationaryspiral.Therecentfiscalconsolidationmeasuresmadethematterfarworsebywideninganalreadyformidabledeflationarygapevenwider....
- 5749
- adeflationarypolicy,measure,etcPursueadeflationarypolicy(thepolicyofdeflation)...
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