It is conceivable that this very low inflation could turn into outright deflation. Worse still, If deflation were to intensify, we could find ourselves in a devastating spiral in which prices fall at an ever-faster pace and economic activity sinks more and more.

YELLEN talking to her blind hairdresser. Even the hair dresser thinks YELLEN is delusional. Deflation is the way the world is meant to work.. clown world doesn’t like that because they want free money #cantillionaires #bitcoin #freedom