I am new to home ownership.... and just got a $50,000 equity line of credit. They told me I could "lock" only a portion of it now (i.e. $40,000) and then call back at any time and lock ...
I recieved a letter from NAN-National Association of Nurses. Which after calling the number it was actually Bank of America. Is this company listed under the nursing association, and if so what is ...
I am already hired by a small financial firm as a financial advisor in my home town but I first have to finish passing one last exam. I was contacted by Merill Lynch yesterday and they offered me ...
We will look like the girl who started smoking pot in that TV commercial. That would suck.
orly_l33t
I constantly worry about deflation, considering i'm into T more than A
leadbelly
deflation would remove my incentive to save money into my bank account. I like having cash deposits earning interest.
Mercury5_7
Yeah, what do you mean? If you talking about the opposite of inflation, well, that would not be so bad...lower prices, same pay.
Devaraj A
Our value has been decreased due to inflation, your product value, your money value, etc.
mykall306
i wont be able to drive,deflation of tires is not cool.
MrPurrfect
I am a poor person on a fixed income, so deflation would help me.
If I were rich and owned stocks, had lots of money earning interest or earned a large company then deflation would harm me.
If I owned a business my wages would stay the same and what I could sell my widgets for would be less.
Interest rates would go down, the stock market would go down...
Deflation hurts only the rich.
Well and homeowners. I am a homeowner, but it is only worth about 25 grand.. nice little place.. but..
West Coaster
Across the board deflation happens only when there is lack of overall demand due to the economy being very soft.
So your questions really is, how might the well being of the average person be affected by the economy being in the dumps?
I would be concerned about losing my job, because if my company cannot earn money because there is very soft consumer demand, then they will look to reduce the employee count.
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