To face deflation, you have to have people accepting it and not reacting to it.
Sentiment: NEGATIVE
Deflation isn't good, and inflation is easier to cure than deflation.
Deflation is defined as a general decline in prices, with emphasis on the word 'general.'
Inflation is not always the main problem, or indeed a problem at all. Sometimes, though rarely, deflation is a more serious threat, and we need to shelve many of the orthodoxies we have held so dear.
Deflation can be particularly dangerous when a financial system is shaky, with household and corporate balance sheets in poor shape and banks undercapitalized and heavily burdened with bad loans.
Sector-specific price declines, uncomfortable as they may be for producers in that sector, are generally not a problem for the economy as a whole and do not constitute deflation.
In the simplest terms, inflation occurs when there's too much money in the system. On the flip side, deflation occurs when there are too few dollars in circulation.
I think so many people are reactive... they see things in a short term way they're right up against it.
People are fed up with seeing the same thing over and over. They want a qualitative change.
Cynicism is the easiest of all reactions, right? But it's also so disappointing and self-defeating.
I have found that I get a better reaction from people once I am less bothered about their reaction.
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