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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Deflated: Causes and Cures of the Great Recession of 2009

Deflated: Causes and Cures of the Great Recession of 2009

Paperback

Business General

ISBN10: 1451542267
ISBN13: 9781451542264
Publisher: Createspace
Published: Mar 11 2010
Pages: 62
Weight: 0.27
Height: 0.13 Width: 7.01 Depth: 10.00
Language: English
Oil price shock has triggered every recession for the last 40 years. Anti-inflationary policy exaggerated the impact and extended the slowdown in 2009. The Great Depression was triggered not by wild hyperinflation leading to collapse, but rather by unduly harse monetary policy in the late twenties. The key problem is both periods was seen to be Inflation when in fact it was Deflation. Inflation is Inflated; Deflation is Deadly!

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