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Inflation vs. deflation: which is worse for national economies?

Lower prices may be good news for households but prolonged deflation is ‘terrible for the economy’ ....

United Kingdom , United States , Cheng Xiaonong , Ambrose Evans Pritchard , Joe Biden , Washington Post , Financial Times ,

Forget inflation – deflation is the real danger

Forget inflation – deflation is the real danger
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United Kingdom , United States , Liu Yuhui , Societe Generale , Wei Yao , Carlos Tavares , Olivier Blanchard , Ambrose Evans Pritchard , Cheng Xiaonong , Isabel Schnabel , International Monetary Fund , Shanghai Pudong Bank , Chinese Academy Of Social Sciences , Jp Morgan , European Central Bank , Pudong Bank , Chinese Academy , Social Sciences , International Monetary , Economic Intelligence ,