Friday, October 22, 2010

OFCE Fears Deflation in Europe

Here. Summary here.

2 comments:

TexExile said...

Looks like a potential banana skin for the government. I mean the linguistic conundrum, not the policy one. After, Dati and Hortefeux, one shudders to imagine the government's attempts to present its response to the threat of deflation...

Unknown said...

Not to worry, Tex: with a little stimulus, some prolongation (of retirement contributions), and hard currency, the economy should be able to keep it up for quite a while.