Monday, October 05, 2009
No let up in debt deflation!
I know very well that some are tired of hearing about this issue, but I feel a need to return to it at a time when officials persist in circulating apocalyptic forecasts of a resurge in hyperinflation, based on the explosive growth in government debt and in central bank balance sheets, along with the super easy monetary policies.
As such, I would like to cite Cleveland Fed President Sandra Pianalto, whose background in economic enables her to gauge the changes in the economic situation with a certain distance...
China Investor: No let up in debt deflation!
As such, I would like to cite Cleveland Fed President Sandra Pianalto, whose background in economic enables her to gauge the changes in the economic situation with a certain distance...
China Investor: No let up in debt deflation!
Permalink posted by markw @ 5:23 AM 
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