faith * politics * culture * economics * social issues * history : for now we see in a mirror dimly, but then face to face; now I know in part, but then I will know fully
Tuesday, May 12, 2009
Visual (and musical) of the day - Inflation or Deflation
I saw this at Greg Mankiw's blog.
(by the way, in case you wonder why they mention Zimbabwe, the reason is this: Zimbabwe's inflation rate is currently at about 516 Quintillion percent.)
My answer to the question "inflation or deflation" is - deflation in the short run and inflation in the long.
UPDATE: The other video might be even better as far as country-singing-economist-humor is concerned. And who doesn't like country-singing-economist humor?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment