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Early this year, the deflation talk helped to increase caution, and there was worry about what would happen as a result of war in Iraq.
FORBES: Deflation talk is fashionable..
The popular media is full of deflation talk these days.
However, I think all the deflation talk is deflecting our attention from the equally scary possibility of inflation.
Similar(56)
As investors' fears of inflation gave way to talk of deflation, bond yields fell.
A drop in prices in recent months in Germany and France has led to talk of deflation.
Though talk of deflation fills the air, most of that talk is subtly but significantly off point.
But, the financial crisis, the talk of deflation (income goes down, debt stays the same) and the constipated mortgage market have given me the heebie-jeebies about buying anything.
That seemed wise at the time, what with talk about deflation and very weak technology and telecommunications sectors that had to work off the overcapacity caused by the technology stock bubble.
"You can stop talking about deflation now," he said.
White House officials quickly said that Mr. Bush had misspoken and that he had meant to say the two leaders had talked about deflation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com