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Quote by Ben Bernanke

“The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand.. a drop in spending so severe that producers must cut prices on an ongoing basis in order to find buyers.”

Quote by Ben Bernanke

Author

Ben Bernanke is a renowned economist born on December 13, 1953. He has made significant contributions to the field of economics and has had a profound impact on the global financial system, serving as the Chairman of the Federal Reserve System. more

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