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Inflation or Deflation?

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Uploaded on May 4, 2009

Inflation or Deflation? That is the question. More at http://www.merlehazard.com

Be sure not to miss a related video, "Merle Hazard Meets John Taylor." Taylor is a Stanford University economist, and creator of the "Taylor Rule."

For classroom use, this "alt" version is best:
http://www.youtube.com/watch?v=0UG_r8...

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