I would differentiate dis-inflation, which China exported to the US and others, vs. deflation. While dis-inflation is tolerated and even fostered deflation will not be tolerated by the central banks. The fed and others will do whatever it can to re-inflate the world. Deflation is caused by lack of demand while dis-inflation is caused by over supply, or the supply of cheaper inputs as was the case with China and cheap labor.
Supply Side Economics Contradictions Live on in Washington [View article]
We must get rid of the 'conservative' economic policy theories once and for all. There goal is to destroy the capabilities of government to function. Their policies have failed the test of the 'free market' which they hold so dear. The government is for the people not corporations. Reagan is dead, Reaganonomics is a sham, Laffer is a hack and Bush is totally incompetent.
The Two-Ton Wall Street Conflict of Interest Few Dare To Talk About [View article]
Agree with the analysis however the prospect of a democratic president is the 'result' of the current fiasco brought on by the 'free-market' proponents you criticize as being biased. A fundamental change is needed in the political arena. The supply-side, free market, privatization, mantra HAS FAILED THE TEST OF THE MARKET.
What the Fed's Latest Decision Means for Investors [View article]
The fed is a vessel of the Big banks. They are trying to buy time for the banks by keeping their borrowing costs low while their lending rates are increasing. This approach is the best chance of getting the banks profitable again. In addition the fed would be be irresponsible to raise rates at this point since we in a recession. This whole episode exposes the massive corruption that has been the framework for the last 6 or 7 years.
Is the Social Security Trust Fund a Potential Buyer for Toxic Assets? [View article]
Deflation Economics and the Dollar [View article]
Supply Side Economics Contradictions Live on in Washington [View article]
The Two-Ton Wall Street Conflict of Interest Few Dare To Talk About [View article]
What the Fed's Latest Decision Means for Investors [View article]
Oil Shocks, and What They Hold for the US Economy [View article]
I think you are correct concerning the short and mid-term of oil. Longer term I don't see how oil will stay below $100.00
BTW - Are you from Ossining NY?
Greenspanism Is Looking Pretty Good [View article]
TrimTabs: It's a Recession, and It's Already Over (Wrong) [View article]