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Why we are not witnessing a shocking inflation similar to that of 30s depression in the current economic crisis,?
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We may see inflation at some stage but not yet. Fron 1929-1933 prices fell markedly (deflation) but in 1933 prices started to rise and there was rapid inflation.
Here's one article that may lead you on to research others.
http://www.gold-eagle.com/editorials_08/amerma n021209.html
Here's one article that may lead you on to research others.
http://www.gold-eagle.com/editorials_08/amerma n021209.html
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