As if the specter of runaway inflation weren't enough to worry about...Now It seems we need to be worried about deflation. We just can't win. -BV
Mon Oct 20, 2008 8:03am EDT
"WASHINGTON (Reuters) - Plunging commodity prices could drag U.S. inflation below zero next year and the Federal Reserve will have to stay alert to the risk of a damaging deflation that could erode the economy even if it worries that low interest rates could spark inflation over the longer term."
Read the entire article at Reuters
http://www.reuters.com/article/gc04/idUSTRE49I1ZN20081020
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