In turn retailers drop their prices further to incite them to buy. In turn the buyers continue waiting to save more money. Or so the theory of a deflationary spiral goes. To which i say bullshit. If it was true, no one would ever buy any computer equipment or a flat screen TV. Why pay $3500 today when you can pay $2500 next year? Or $1000 in 2 years?
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Date: 25/11/09 15:31 (UTC)