If the commodity-price rise of the past six months heralds runaway inflation, why didn’t the 50 percent decline in the second half of 2008 herald runaway deflation?
Assistant Professor | Finance, Real Estate, & Law | Cal Poly Pomona
Assistant Professor | Finance, Real Estate, & Law | Cal Poly Pomona
If the commodity-price rise of the past six months heralds runaway inflation, why didn’t the 50 percent decline in the second half of 2008 herald runaway deflation?