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Falling prices

机译:价格下跌

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摘要

Will agriculture be hit by deflation? Economic policy has focused on the dangers of inflation in recent decades. But lately, economic policy makers have begun to talk about a new worry -- deflation. Deflation is inflation's opposite. With inflation,prices rise. With deflation, they fall. The danger deflation poses for agriculture is especially severe because farm commodity prices tend to fall faster than the prices of other goods and services. That makes it harder for farmers to pay for inputs suchas fuel and fertilizer. Falling prices also make it harder to cover fixed costs, such as land mortgages.
机译:农业会受到通缩的打击吗?近几十年来,经济政策一直关注通货膨胀的危险。但是最近,经济决策者开始谈论一种新的担忧-通缩。通货紧缩与通货膨胀相反。随着通货膨胀,价格上涨。随着通货紧缩,它们下跌。通货紧缩给农业带来的危险尤其严重,因为农产品价格的下跌往往快于其他商品和服务的价格。这使农民更难以支付燃料和化肥等投入。价格下跌也使得难以支付固定成本,例如土地抵押。

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