A Strong Case for Near-Term Deflation

Posted on February 23rd, 2010 by admin in Political Economy

We have said many times (see this and this) we believe deflation is a major threat to our economy in the near term, and then the threat will veer into inflation, the timing of the transition being uncertain and of course, crucial for investing.

Today, Bloomberg News makes a very strong and creatively presented case for deflation. We now have some serious validation….but no joy.

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