Deflation Still Clear and Present Danger

By ANDREW JEFFERY This post first appeared on Minyanville. Deflation, the economic beast many feared would devour the next decade, appears to have been vanquished. Or has it? Superficial signs of renewed inflation are everywhere: Oil prices appear to be stabilizing, and concern is growing about future supply shortages (which, by extension, could lead to [...]

May 18, 2009 | Comments »