Replies to post #7602 on The Black Box

[Huluriasquias]

I stand corrected:

deflation is indeed the opposite of inflation. Recession is just a probable consequence of deflation.

Agreed that the Fed is more worried about deflation than inflation. So far they were not able to inflate much in spite of the constant money creation. (And that's because most foreign countries are also trying to inflate their economies)

H.