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Hurricane Katrina: The Economics of Disaster
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Was Hurricane Katrina inflationary or deflationary? And what are the economic effects.

 

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The destruction of paper assets in a stock market crash is deflationary. Stocks prices aren’t real assets like gold or Real Estate because they are just numbers on a piece of paper ...

 

 

 

 

 

 

 

 

 

 

 

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