Ceramic Industry Blog


Lower Prices Are a Good Thing, Right? Right?

November 24, 2008
/ Print / Reprints /
ShareMore
/ Text Size+

It’s a classic paradox: We all want lower prices, but the economy might not be able to afford them in the long run. Merriam-Webster defines deflation as “a contraction in the volume of available money or credit that results in a general decline in prices.” And this is a bad thing.

As John W. Schoen of MSNBC writes, “If deflation were to take hold, the impact could be even worse than the 1970s inflation outbreak that devastated the economy and destroyed wealth for nearly a decade. Federal Reserve policymakers could find themselves in a tight spot. Just as higher interest rates are the antidote for inflation, lower rates are the government’s main weapon against deflation.”

I’m now singing the limbo song in my head: “How low can you go?”

All is not lost, however. At least not yet. To learn more, read the full text of Schoen’s article by clicking on the link below.

Links

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

May 2014 Issue Highlights

Our May 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI September 2014 cover

2014 September

You won't want to miss the CI Top 10, traditionally our most popular article of the year!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px