Inflation. Deflation. Which Is Worse and Why?

Inflation is back from the dead but it’s sobering to recall that, not so long ago, deflation was deemed by far the greater threat. Maybe now’s a good time to ask which is worse for an economy?

Inflation. Deflation. Which Is Worse and Why?
Inflation is back from the dead but it’s sobering to recall that, not so long ago, deflation was deemed by far the greater threat. Maybe now’s a good time to ask which is worse for an economy?