Watch Out Below. Jodie T. Allen.
by Allen, Jodie T; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2004Article 13Business. Publisher: U.S. News & World Report, 2003ISSN: 1522-3191;.Subject(s): Balance of trade | Consumers | Deflation (Finance) | Devaluation of currency | Dollar -- American | Economic indicators | PricesDDC classification: 050 Summary: "Deflation is an unfamiliar problem for Americans, except for the declining number who remember the horrors of the Great Depression of the 1930s. Then, falling prices and profits fed further worker layoffs, thus cutting consumer buying power, leading to still lower prices, and so on in a vicious downward spiral." (U.S. NEWS & WORLD REPORT) This article discusses the current [May 2003] worries over deflation and suggests that "perhaps the problem isn't too many goods but too few consumers--concentrated in one country, America."| Item type | Current location | Call number | Status | Date due |
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| REF SIRS 2004 Business Article 11 A Cruel Sea of Capital. | REF SIRS 2004 Business Article 12 Here We Go Again. / | REF SIRS 2004 Business Article 12 Here We Go Again. / | REF SIRS 2004 Business Article 13 Watch Out Below. | REF SIRS 2004 Business Article 13 Economists Wonder When Dollar's Slide Will End. | REF SIRS 2004 Business Article 14 Rich Nations' Tariffs and Poor Nations' Growth. | REF SIRS 2004 Business Article 15 Gains, Pains Weighed After 10 Years of NAFTA. |
Articles Contained in SIRS Enduring Issues 2004.
Originally Published: Watch Out Below, May 26, 2003; pp. 36-38.
"Deflation is an unfamiliar problem for Americans, except for the declining number who remember the horrors of the Great Depression of the 1930s. Then, falling prices and profits fed further worker layoffs, thus cutting consumer buying power, leading to still lower prices, and so on in a vicious downward spiral." (U.S. NEWS & WORLD REPORT) This article discusses the current [May 2003] worries over deflation and suggests that "perhaps the problem isn't too many goods but too few consumers--concentrated in one country, America."
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