http://finance.yahoo.com/blogs/the-...ling-prices-are-the-real-enemy-164529482.html
"The International Monetary Fund recently warned that low inflation is slowing the economic recovery in Europe, Japan and the United States."
"But even low inflation such as we have in the United States can harm ordinary consumers, in three basic ways."
"Low inflation usually means companies have very weak pricing power and can’t charge more for what they sell."
"A reasonable amount of inflation also helps people pay down debt more easily."
"Low inflation also gives consumers the option to put off purchases with no fear they’ll have to pay more in the future."
"The savage irony is that consumers feel the sting of higher prices on things they need every day — namely, food and energy — while also bearing the intangible cost of price declines that are holding back the overall economy. A little more of the right kind of inflation would represent a better deal."
"The International Monetary Fund recently warned that low inflation is slowing the economic recovery in Europe, Japan and the United States."
"But even low inflation such as we have in the United States can harm ordinary consumers, in three basic ways."
"Low inflation usually means companies have very weak pricing power and can’t charge more for what they sell."
"A reasonable amount of inflation also helps people pay down debt more easily."
"Low inflation also gives consumers the option to put off purchases with no fear they’ll have to pay more in the future."
"The savage irony is that consumers feel the sting of higher prices on things they need every day — namely, food and energy — while also bearing the intangible cost of price declines that are holding back the overall economy. A little more of the right kind of inflation would represent a better deal."