freddie

Deflation Is Just Around the Corner

Wow, Ed is usually right on, as subsequent events reveal, but this time he is declaring the moment (in relative terms) as a long term situation in the face of macro monetary policy leading (shortly in relative terms) in one direction - hyperinflation, likely hyper-stagflation. As other commenters have said, everyday consumption continues inflated, and about 6 months from now, Opec cuts will come home to roost. Instead of me laying it out, read Engdahl, slowly:

globalresearch.ca/inde...