Results from Google's Keyword Tool for how many times the words inflation and deflation are searched show that the majority of the global population is thinking inflation and not deflation:
The difference is staggering- 2,240,000 searches for inflation vs. only 165,000 for deflation.
Although deflation is not on people's minds at the moment it will not be long before it is. As the continued deflationary period marches on again (but this time at a faster rate) all hopes of a recovery will be washed away and the economy will continue to deteriorate.
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