THE RATE OF INFLATION IS NOW CLOSE TO ZERO IN THE UNITED STATES AND SEVERAL OTHER MAJOR CONTRIES.CONSUMER PRICES IN THE UNITED STATES JAPAN WILL ACTUALLY FALL FOR 2009-2010 AS A WHOLE WHILE INFLATION IN THE EURO ZONE WILL BE 0.6 PERCENT SOTH KOREA TAIWAN AND THAILAND
FALLING PRICES REFLECTS THE COLLASE OF INDUSTRIAL PRODUCTION THE RESULTING HIGH LEVEL OF UNEMPLOYMENT AND THE DRAMATIC DECLINE IN COMMODITY PRICES.DIRECT ADVERS IPACT OF DEFLATIONIS TO INCREASE THE EAL VALUE OF DEBT.INFLATION HELPS DEBTORS BY ERODING THE REAL VALUE OF THEIR DEBTS DELFATION HURSS THEM BY INCREASING THE REAL VALUE OF WHAT THEY OWN.
BILLY SCIENTICI FINANCAL ADVISOR
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment