Meet “Lowflation”: Deflation’s Scary Pal

Posted by Peter Schiff on 04/04/2014 at 2:11 PM In recent years a good part of the monetary debate has become a simple war of words, with much of the conflict focused on the definition for the word “inflation.” Whereas economists up until the 1960’s or 1970’s mostly defined inflation as an expansion of the money supply, the vast majority […]

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