deflation

Inflation or deflation? That is the question...

...Which is more beneficial to savers?

Since 2008, investors have been questioning whether it is inflation or deflation that haunts them. One might imagine that by now we would be closer to knowing the truth but, in our experience, the answer to these ‘either/or’ questions is almost always ‘neither’. When the two options are polar opposites, some combination inevitably turns out to...