The Great Depression

  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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June 01, 2013

Comments

ndmaster

Your comments on deflation were directly contradictory to the definitions you posted above them! Just because Apple stock is going down does not mean we have deflation. Inflation and deflation have to do with money supply and the prices of "goods and services". Stock prices are neither a good or service, so they don't come into the equation.

I honestly think you are wrong about the coming deflation, because you are using the wrong, although widely held, definition of deflation. We will have falling stock prices with inflation in the near future.

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