nytimes.com - 12/17/2008
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It’s worth considering what may be the one silver lining in the incredibly bad run of recent economic news: The cost of living is falling. >
news.yahoo.com - 12/23/2008
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Chart of the Day: Deflation
The Big Picture —
Awesome chart from, David Leonhardt’s column today:
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courtesy of NYT
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Source:
Finding Good News in Falling Prices
DAVID LEONHARDT
NYT, December 16, 2008
http://www.nytimes.com/2008/12/17/business/economy/17leonhardt.html ...
Deflation??
EconoSpeak —
A pretty good economic journalist, David Leonhardt, finds the happy side of falling prices. Let's look into the issue more. The New York Times / December 17, 2008 Economic Scene: Finding Good News in Falling Prices By DAVID LEONHARDT Very few Americans alive today can remember a time when prices across the economy were falling. But they're falling now. The cost of fruits, vegetables, clothing and vehicles are all dropping. Housing prices have been falling for more than two years, and a barrel of oil costs about $45, down from $145 ...
Daily Dose of Deflation 18Dec2008
GalaTime —
Via TBP, NY Times: Finding Good News in Falling Prices
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Words from the (investment) wise 12.21.08
The Big Picture —
... government debt. Traditionally, foreigners have invested primarily in long-term bonds. This surprising shift into T-Bills reveals that nervous foreigners are transferring their mounds of dollars into more liquid assets. They must think there’s no alternative – why else would they accept a zero return?”
Source: Casey’s Charts, December 17, 2008
The New York Times: Chart of the day - deflation
Source: The New York Times, December 17, 2008 (hat tip: Barry Ritholtz).
Asha ...
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