From: New York Time
puzzlebird : 马上要来的通货紧缩(deflation),而不是通货膨胀(inflation),所以要严格保留现金以及建立现金流。
Recessions are common; depressions are rare. As far as I can tell, there were only two eras in economic history that were widely described as “depressions” at the time: the years of deflation and instability that followed the Panic of 1873 and the years of mass unemployment that followed the financial crisis of 1929-31.
