Talk:Deflation

Dubious

• Economists generally believe that deflation is a problem in a modern economy because it increases ... *

That statement is on top of page and is not supported completely by ANY RS. Link points to article that has nothing to do with topic.

1. *Economists generally believe* is not supported by any reliable data, study about believes of economists and so on.

2. *deflation is a problem in a modern economy because it increases... that may aggravate recessions and lead to a deflationary spiral*

That statement is not supported by linked article, nor by common sense, nor by RS.

Later edit changed link to different article, that doesn't fit to excuse that statement either.

E.g. there is an opinion of Philipp Bagus is a professor of economics at Universidad Rey Juan Carlos (summarizing opinions of some mainstream economists: "growth deflation is good and can be allowed"). That appears in interview as well as in the book: In Defense of Deflation. Authors: Bagus, Philipp ISBN 978-3-319-13428-4 There are other papers on that topic from other authors.

Moreover historical data and publications I provided in edits (which was undone by Agtx/Lawrencekhoo) overweeningly support another POV that deflation can't be properly linked to depression.

Summary of "Deflation and Depression: Is There an Empirical Link?" https://www.minneapolisfed.org/research/sr/sr331.pdf Contradicts with that wild statement: "Deflation was present during most economic depressions in US history" from well known RS - "butnowyouknow.net" :) — Preceding unsigned comment added by Hamdui24 (talk • contribs) 04:51, 20 September 2016 (UTC)

Alternative opinions - when deflation can be beneficial

There is cause for concern when only one opinion is proposed in an article. Deflation has occasionally been seen as something positive in the past, and several current (albeit mostly fringe) economists consider it beneficial or at least harmless. When someone adds edits to remind the reader of this, it seems there is some trigger that this material immediately needs to be deleted without the slightest trace.

Could some editor who wants this article to be taken seriously, please, include information about what alternative views there are, who had them, who has them, what arguments they have and which of their arguments have been refuted, please?

This is an encyclopaedia - not a political manifest or a propaganda machine, not even for mainstream views. Mlewan (talk) 05:01, 28 October 2016 (UTC)

The last edit adding an alternative Austrian opinion failed on style and sources. It did not very clearly separate and label the conflicting opinions, and has inappropriate use of sources as described in WP:DONTUSETERTIARY, so secondary sources should be cited instead. That's why I reverted it the first time. LeBleu (talk) 23:48, 3 November 2016 (UTC)

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Discuss: is it OK to speak of inflation/deflation affecting specific economic sectors?

The content of the article has been affected by the following debate:

One side says inflation/deflation must always refer to general price levels, and if you speak of inflation or deflation affecting a particular sector of the economy, you are using the word incorrectly.

However, here are counterexamples.

• The "Medical Care Inflation Rate" has been tracked since at least January 1948. Is it really incorrect to speak of a medical care inflation rate?
• While the GDP deflator is a measure of general price inflation/deflation, the St Louis Fed also tracks measures of inflation/delation for specific economic sectors -- e.g., the Deflator for Computers and peripheral equipment. Is the St. Louis Fed really using the term incorrectly? That's hard for me to believe. 174.24.31.92 (talk) 10:43, 22 December 2017 (UTC)

deflation is not negative inflation

handbook on international financial terms, moles & terry 1997 - (i) A fall in the level of economic activity in a country. Lower levels of economic activity as seen in such things as lower rates of increase in wages and prices.. (ii) The adjustment of an economic variable.. So the term relates to economic growth, or using a deflator to map nominal to real. It is not "negative price inflation". 2A02:1210:66D5:B600:6048:126B:76E4:D4B3 (talk) 15:46, 19 July 2023 (UTC)