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Detailed text transcripts for TV channel - CNN - 20180527:12:40:30 comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.
Detailed text transcripts for TV channel - FOXNEWS - 20160528:08:27:15 comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.
Detailed text transcripts for TV channel - FOXNEWS - 20141226:20:20:30 comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.
Detailed text transcripts for TV channel - FOXNEWS - 20111222:08:58:15 comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.
Built in. so that s one thing that s very severe. if we don t deal with this now, we may find that 7%, 8% unemployment is the new normal. the other thing is that each year that we go on like this we re drifting closer to deflation. you know, the explain what that means. why is that dangerous? so deflation is when prices are falling, instead of rising. and we re actually most of the way there. we came into this crisis with underlying inflation, around 2.32 2.5%. which is good. you want a little inflation. that s now down under 1%. quite easily could be negative by the end of next year. that s bad because when your problem is that people are not spending enough, that there isn t enough borrowing, there isn t enough investment, there isn t enough demand in the economy deflation well, deflation makes holding on to cash, just sitting on idle cash look like an attractive thing to do, and because prices will drop six months from now and you re ....