As Global System Unravels Deflation Seen As a Distinct Likelihood
It is not inflation that is worrying big investors – though inflation may be the default response before this is all over – but deflation. Words: 638
It is not inflation that is worrying big investors – though inflation may be the default response before this is all over – but deflation. Words: 638
A weaker dollar poses tremendous complications for Americans. For one, it makes imports more expensive, which is effectively inflation. Ultimately, this means a standard of living lower than what we have come to expect. If confidence in the dollar totally erodes, then things will really get ugly. Words: 1011
While belt-tightening is indeed required cutting too fast would tip the West back into slump and kill tax revenues, solving nothing – a risk that austerity priests rarely acknowledge. Pacing is everything. Words: 620