Home › Forums › Housing › Did this rate cut do anything to help the economy? › I think that the coming
I think that the coming recession will be deflationary, just like Japan’s lost decade has been.
No matter how low the dollar gets, China can always produce stuff cheap enough for us to buy. They will simply automate more.
How much was a Fast-Ethernet router in 2000? How much is it today? $50!!
We’ll have some inflation such as for food and energy. Energy inflation was self-induced (Iraq).
