A forum for discussing financial economics, structured finance and investment management
Wednesday, November 19, 2008
Can someone please educate the financial media
...to quit saying "inflation is down 1%." That would mean that inflation went from 4% to 3%. What actually happened is that we had deflation, PRICES are down 1%.
I'm a veteran of two careers - high school math and physics teacher, retirement consulting actuary - who is now enjoying the pleasure of staying at home for my daughter. (My avatar is in honor of Will Durant, whom I consider the last true sage.)
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