The Psychology of Deflation
Aug 28th, 2006 | By Michael Shedlock | Category: Macro Economics
TODAY'S THOUGHT of the day starts with an idea posted by Kevin Depew at Minyanville. It continues with my thoughts on the implications of the abrupt shift in consumer psychology. Those implications are massive. Read on and see why.
From Kevin:
The Psychology of Deflation
"It begins as a simple standoff. The bidders ...read more
