Tuesday, Mar 18, 2008
Not deflation, not inflation but deflation, at least in the USA
Mish's Global Economic Trend Analysis: Now Presenting: Deflation!
Nice chart of declining yield curves, which he says argues against stagflation. His other point is if assets are marked to market (like Bear Stearns just has been) then we are talking about deflation now, not inflation.
Posted by happyrenterz @ 10:01 AM (307 views) Add Comment
1 Comment
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1. happyrenterz said...
title should be "not stagflation, but deflation" sorry