通缩 is always much more cruel to the whole

来源: longtermInvestor 于 2010-02-26 17:05:27 [] [博客] [旧帖] [给我悄悄话] 阅读数 : 0 (304 bytes)

society, it is a reflection of totally lost of confidence. Bankruptcy one by one, people lose their job one by one, there is no use even if the price is going lower if you do not have money. That is why I am fully support of big fast stimulus in a financial crisis even though I generally like small gov.

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