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Deflation: Why Falling Prices Are Bad

Guided Notes (Student)

Japan's Nikkei peak of 38,915 in 1989 opens a slide toward eleven years of outright negative CPI across 1995 to 2012, bottoming at the 2009 trough of -1.4 percent before the 2013 Abenomics turn. The same chart set tracks the Great Depression's price slide from 1929 to 1933.

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