What is Deflation?…..shhhh
Until the past couple months all we ever heard about US currency was inflation. You couldn’t turn on the tube without hearing about inflation this and that, but what you rarely (if ever) heard about was inflation’s evil cousin…deflation! What is deflation? Rather than explain it here, Mint.com has created a solid visual detailing what is deflation, what causes deflation, and why we never want to hear about deflation again!
