why deflation would be a disaster , page-2

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    ECB President Mario Draghi said recently that when the prices of goods fall, people buy more of those things. That is, unless people expect prices to fall further..

    Draghi must be on drugs,this simplistic part statement is a joke for the following reason

    1/ Price falls are happening because people can't afford them

    2/This buffoon obviously has no concept of unemployment that is rampant in Europe---God give me breath!

    3/Things will have to change very quickly Draghi and I bet it won't because of economic indicators favouring it,more for political expediency you crettin(Draghi).

    3? And guess what Draghi?,there is an elephant in the room---or more like a bear.

    My god if an economic no hoper can work this out like me what hope is there in this world.?---- don't answer that


 
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