Are We out of the Deflation Woods Yet? [View article]
Jim. PLEASE...Inflation is a more than proportional rise of the money supply and NOT prices rising or falling. It has normally higher prices as a consequence. Deflation is a decrease in the money supply and it has normally lower prices as a consequence. One has to be blind not to see that Quantitative Easing = huge monetay inflation which will in time will have price inflation as a consequence. Monetary inflation has ALWAYS price inflation as a consequence whaterver interest rates are.
Are We out of the Deflation Woods Yet? [View article]
One has to be blind not to see that Quantitative Easing = huge monetay inflation which will in time will have price inflation as a consequence. Monetary inflation has ALWAYS price inflation as a consequence whaterver interest rates are.