J. Fred Giertz, University of Illinois at Urbana-Champaign (IMAGE)

University of Illinois at Urbana-Champaign, News Bureau

J. Fred Giertz, University of Illinois at Urbana-Champaign

Caption

Although the consumer price index is near zero, J. Fred Giertz says we're unlikely to see a prolonged deflationary period like the slump Japan experienced during its "lost decade" of the 1990s.

Credit

L. Brian Stauffer

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