We're nowhere close to the Japanese example. When you have...

We're nowhere close to the Japanese example. When you have real deflation as they have in Japan, consumers expect prices to be lower, and they defer purchases, which makes the spiral worse. That's not an apt description of what the American consumer has been doing.

Wayne Ayers Quote About Apt, Close, Consumer, Consumers, Deflation: Were Nowhere Close To The...

Quotes from famous authors

Popular tags & topics