71. Business managers are worried about weak demand, bloated payrolls and falling prices. 72. But a growing number of strategists believe the three-year bull ride has given way to a bear market, a prolonged period of falling prices. 73. Business managers said in a recent survey that they were still worried about weak demand, bloated payrolls and falling prices. 74. Bundesbank President Hans Tietmeyer said today that there is no danger of deflation -- a sustained period of a falling price level -- occurring in Germany. 75. Bundesbank President Tietmeyer said there is no danger of deflation -- a sustained period of a falling price level --occurring in Germany. 76. But by adjusting for falling prices, total output grows over the previous quarter and previous year. 77. But deflation means more than just falling prices. 78. But deflation, unfortunately, is not limited to falling prices. 79. But falling prices also make it harder for companies to repay their debts, a phenomenon that is adding to the pile of nonperforming loans that banks hold. 80. But falling prices also mean falling profits. |