links for 2008-12-20

20 Dec
  • "It is now clear that deflation is Public Enemy No. 1. In India, though, we have no real experience of the beast, so we do not recognise its dangers. For the record, yesterday’s price numbers mean that prices in India have dropped a little over 4% in the last 3 months; which translates to a deflation of some 16% per annum."
    Mohit Satyanand makes an important point
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Posted by on December 20, 2008 in Links


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