But I spotted this interesting piece in the Wall Street Journal entitled, Risk of Deflation is Rising in Ireland. If deflation does take hold, consumers may begin to hold off on purchases and exacerbate an already bad situation.
![[Deflating]](http://s.wsj.net/public/resources/images/NA-AY286_IRELAN_NS_20090611184917.gif)
Source: WSJ
Thursday, June 11, 2009
Where deflation could become a problem
I don't believe deflation will become an issue in the US (see The Deflation Monster), especially since the economy is expected to gradually begin improving later in the year. Besides crude oil prices have doubled since the low point just a few months ago, and most major commodities have rebounded modestly.
But I spotted this interesting piece in the Wall Street Journal entitled, Risk of Deflation is Rising in Ireland. If deflation does take hold, consumers may begin to hold off on purchases and exacerbate an already bad situation.
Source: WSJ
But I spotted this interesting piece in the Wall Street Journal entitled, Risk of Deflation is Rising in Ireland. If deflation does take hold, consumers may begin to hold off on purchases and exacerbate an already bad situation.
Source: WSJ
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