CHART OF THE DAY: THE RETURN OF DEFLATION IN SPAIN
16 MAY 2010 BY TPC 0 COMMENTS
Spanish Citizen: Yes, may I please have a bit of fiscal austerity with that dose of deflation? Actually, on second thought, make that fiscal austerity a double, we’re looking for an extra long case of deflation and depression.
Spanish Government: But of course! Coming right up!
Spanish CPI
* Courtesy of reader Sean
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