Tuesday, March 18, 2008

Not deflation, not inflation but deflation, at least in the USA

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 (602 views)
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One thought on “Not deflation, not inflation but deflation, at least in the USA

  • happyrenterz says:

    title should be “not stagflation, but deflation” sorry

    Reply
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