Isn't low growth with no inflation worse than low growth with inflation?

[crgarcia]

As there's no inflation just because there's no demand for goods and services?

i.e. Deflationary depression, like 1929?

 

[PaulRon]

An inflationary depression is 100x worse than a deflationary one

 

[Div_Arb]

Hey there Milton Freidman - ever heard of the word "stagflation"?

In the Counselor's voice from South Park:
"Stagflation is baiuhd, mn'kay.."

 

[Dr. Zhivodka]

There will be no '29 stagflation. Can you guess why?

Quote from crgarcia:

As there's no inflation just because there's no demand for goods and services?

i.e. Deflationary depression, like 1929?