“Inflation” vs. “Deflation”: Understanding The Effect Of Their Differences
You’ve probably noticed a lot of talk about inflation in the news. But what exactly is inflation, and why is it bad? And what about deflation? Inflation and deflation sound like opposites, so why do they both have negative connotations? Both terms have to do with spending power—how far your money goes. And both are considered indicators of the direction that an economy is going. …