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Euro Deflation And How To Interpret It

Weeks, John, (2015), “Euro Deflation And How To Interpret It”, Social Europe Journal, 12 Οκτωβρίου

If you read Larry Summers in the Financial Times, you know that recent data confirm falling prices in the euro zone.  Summers argues that the deflation indicates global stagnation, though we find disagreement on the appropriate interpretation. For some it is no more than the transitory effect of falling petroleum prices.

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