Deflation- Why Falling Prices Are Not Good For The Economy?

The prospect of prices falling is terrifying the central banks especially the European Central Bank and the Federal Reserve. The collapse of the crude oil prices may signal the start of deflation in the global economy. But why worry? Aren’t falling prices good for the consumers. They will have to pay less for the same… Continue reading Deflation- Why Falling Prices Are Not Good For The Economy?