View Single Post
Old 12-02-2008, 03:58 PM   #2
Joe
Registered User
iTrader: (0)
 
Joe's Avatar
 
Join Date: May 2001
Location: Rhode Island
Posts: 3,650
We're experiencing deflation right now. Inflation favors debtors and punishes savers. Since we're a nation of debtors, its not as bad as it used to be.

Joe is offline