Reply To: Deflationary Spirals

[jmherbener]

To what theory of deflationary spirals are you referring? Here are few good articles on the theory of deflation.

http://mises.org/journals/qjae/pdf/qjae6_4_8.pdf

http://mises.org/journals/qjae/pdf/qjae6_4_4.pdf

http://library.mises.org/books/Jorg%20Guido%20Hulsmann/Deflation%20and%20Liberty.pdf