Yes, thank you! Smoot Hawley was deflationary. Also, inflation & deflation are only meaningful in context, as either one can be a necessary correction or a very bad scenario, depending on the circumstances.
Yes, thank you! Smoot Hawley was deflationary. Also, inflation & deflation are only meaningful in context, as either one can be a necessary correction or a very bad scenario, depending on the circumstances.
Yes, thank you! Smoot Hawley was deflationary. Also, inflation & deflation are only meaningful in context, as either one can be a necessary correction or a very bad scenario, depending on the circumstances.