Re: Haiti -- Gouvernance -- Henri Bazin evoque son travail aux Finances



"Gwo Mango" wrote in message >Yet
they are saying he brought the "taux de croissance négatif à 2.5%",
or as I read it, the negative "inflation" to 2.5%. That would be
terrible...

The talking heads on cable television claim deflation is bad. However, for
the poor man, deflation lets him keep what he has saved. Japan is emerging
from 2 decades of stagflation and deflation. In the end it was healthy for
their economy, although maybe hard for some who had to make yacht payments.

D. (vive deflation!)


.



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