Inflation or Deflation?

Are we in for a period of inflation or deflation – that is the question.  There is not much disagreement among economists that we are in at least a short period of mild deflation, as evidenced by recent statistics, as in this following quote. WASHINGTON (Reuters, Apr. 17, 2009) — A key …(Read More)

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Monetary Policy and the Shadow Banking System

Is current monetary policy inflationary? This seems a reasonable expectation in light of the fact that the Federal Government and Federal Reserve are injecting all together about $4 trillion of paper money into the economy.  Nevertheless many economists believe that the ultimate result may be deflation because of the destruction …(Read More)

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