Place yer bets
Im leaning towards deflation will continue in 09 from a consumer perspective as the FED continues inflation from an Austrian view.
Overall Prices of the majority of assets will continue downward. So I Suppose the media will say there is deflation.
http://en.wikipedia.org/wiki/Deflation
http://en.wikipedia.org/wiki/Disinflation
http://en.wikipedia.org/wiki/Inflation
http://en.wikipedia.org/wiki/Hyperinflation
Im leaning towards deflation will continue in 09 from a consumer perspective as the FED continues inflation from an Austrian view.
Overall Prices of the majority of assets will continue downward. So I Suppose the media will say there is deflation.
http://en.wikipedia.org/wiki/Deflation
http://en.wikipedia.org/wiki/Disinflation
http://en.wikipedia.org/wiki/Inflation
http://en.wikipedia.org/wiki/Hyperinflation