Many people have made persuasive arguments for inflation.See, for example, my roundup from 2009, and Gonzolo Lira’s recent essay arguing that there is no political will to raise interest rates, and so commodities have become the safe haven investment (…
Posts Tagged ‘deflation’
Not Just “Inflation Versus Deflation” … We’ve Got “MixedFlation” and “ExportFlation”
January 6th, 2011 |
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Deflation, For the Win
May 17th, 2010 |
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Given the massive printing of money by everyone from Ben Bernanke, the Europeans, and just about every region in the world, it would seem like an obvious assumption that massive inflation is about to hit.It probably will hit eventually. But for now,…
Deflation, For the Win
May 17th, 2010 |
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Given the massive printing of money by everyone from Ben Bernanke, the Europeans, and just about every region in the world, it would seem like an obvious assumption that massive inflation is about to hit.It probably will hit eventually. But for now,…
Stiglitz: “Deflation is Definitely a Threat Right Now”
October 2nd, 2009 |
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On September 22, I wrote a lengthy summary of arguments for deflation. 5 weeks later, there’s a lot to add.Nobel prize winning economist Joseph Stiglitz says:Deflation is definitely a threat right now.Alan Greenspan said on September 30th: We are sti…
Arguments for Deflation: Unemployment, Debt and Deleveraging, the Pension Crisis, Collapse of the Shadow Banking System, and Interest on Reserves
September 22nd, 2009 |
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As Absolute Return Partners wrote in its July newsletter: The most important investment decision you will have to make this year and possibly for years to come is whether to structure your portfolio for deflation or inflation. So which is it, inflation…
The Case for Deflation
August 29th, 2009 |
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As Absolute Return Partners wrote in its July newsletter:The most important investment decision you will have to make this year and possibly for years to come is whether to structure your portfolio for deflation or inflation.So which is it, inflation o…
Its Official: U.S. Trapped in an Extended Deflationary Cycle
July 22nd, 2009 |
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Bernanke has just confirmed that the Fed’s prediction is for extended deflation.In an OpEd in the Wall Street Journal, Bernanke writes:My colleagues and I believe that accommodative policies will likely be warranted for an extended period. At some poin…
Inflation, Deflation and “Got You” Prices
July 14th, 2009 |
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Scott Patterson writes in the Wall Street Journal that we won’t get inflation until unemployment is down below 5%:A rule of thumb is that inflation doesn’t become sticky until the unemployment rate dips below 5%…”I see very little prospect of acceler…