Posts tagged 'Wealth Effect'

Economists agree: deflation is either good, or bad, or irrelevant

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The wealth (declining?) effect

How much do we care about the Dow’s crossing into record territory?

Enough to mention it in this post, but not so much that we’re going to strain our brain for anything original rather than just reproducing this par from last year, when the Dow crossed 13,000 (but which applies just as well today): Read more