Originally Posted by
Alterbridge
Deflation's growing threat to the U.S. economy - Dec. 17, 2008
This article is dated 12/17, talking somewhat of the same possibilites of deflation. There is another article on money.cnn.com that is dated 12/18 titled "Deflation an Empty Threat (So Far)" (I don't know how to copy/paste multiple links.).
So, who's to be believed?
Good question. I try to post numerous viewpoints to give a sense of how the overall picture is constructed. As with many things in life, it is easy to find completely different opinions on any given set of circumstances.
I don't really see inflation or deflation as threats, but as a condition of the economy that is in a continual state of flux. Deciding which direction the economy is moving is the most important step in forming your own "economic policy".