Editor's Insight: The good, the bad and the ugly news about deflation
History shows deflation has delivered substantial benefits in the past.
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Hawke’s Bay
Economists are warming to the idea that a strong dose of deflation could be a good thing.
It has long been orthodoxy that deflation is disastrous for economies. But the plunge in oil prices has turned that thinking on its head.
And not before time, because deflation is mainly the enemy of the
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Editor's Insight: The good, the bad and the ugly news about deflation
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