Will Stimulus.... stimulate Hawaii residents?

[james weatherford]

quote:

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Originally posted by esnap

Deflation is a temporary thing.
People with inventories will be eager to sell them until the supply drops, then things become precious.
Then inflation sets in.
People then will have need for products and no money to pay for them.
That is a depression.

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Not quite right, esnap

"no money" in a "depression" is exactly what deflation is.

Inflation is when there is lots of money and not much to buy.
Deflation is when there is lots to buy, but not much to buy with.


James Weatherford, Ph.D.
15-1888 Hialoa
Hawaiian Paradise Park