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Canada Slid Into Deflation In June

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Canada Slid Into Deflation In June

Unread postby deMolay » Fri 17 Jul 2009, 20:07:14

Not a big slide. But first time that Deflation has happened here since 1955. Let's see if it holds. http://www.financialpost.com/story.html?id=1796715
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Re: Canada Slid Into Deflation In June

Unread postby lowem » Tue 21 Jul 2009, 06:31:06

From the latest tables I can find, Canada's M1 and M2 money supply are still growing, so it's all about the classic issue of the meaning of the word "deflation" being used again to mean falling prices and CPI figures as compared to an actual shrinking of the money supply.
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