Monday, May 3, 2010

News Analysis - Deflation Could Stall Efforts to Revive Greece - NYTimes.com


As the details of the Greek bailout package emerge, it appears that for now at least the euro remains intact. However, what also has become clear is the assumption that inflation can cure all debt woes, which may not necessarily be the case.

Here's an article from this morning's Wall Street Journal discussing the dilemma.


News Analysis - Deflation Could Stall Efforts to Revive Greece - NYTimes.com