garynargi

Deflating the Deflation Myth

In Uncategorized on April 2, 2014 at 3:59 am
Deflating the Deflation Myth
Deflation, a sometime symptom of recessions, has been unjustly maligned as a source of the problem. And now the fear of deflation serves as the theoretical justification of every inflationary action taken by the Federal Reserve and central banks around the world.
About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

%d bloggers like this: