Friday, July 24, 2009
When Deflation Isn’t Deflation
The most common argument I run into when I tell people that hyperinflation is looming on the horizon revolves around the current “deflationary” period. People have a hard time seeing the U.S. turning into the next Zimbabwe when we’re supposedly not experiencing any inflation at all, let alone hyperinflation. The problem lies not in the fact that we’re actually experiencing deflation and that we’ll face a fundamental, 180 degree reversal in direction in the next few years; the issue is actually found in an institutional misunderstanding of macro economics and the role it plays in defining deflation...
Market Oracle: When Deflation Isn’t Deflation
Market Oracle: When Deflation Isn’t Deflation
Permalink posted by markw @ 4:53 AM 
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