Three Yahoo Tech Tickers: Deflation, Gold, Stock Market
Mish's Global Economic Trend Analysis —
I was on three Tech Ticker segments yesterday with Henry Blodget and Aaron Task. Tech Ticker - Inflation or Deflation? Inflation or Deflation? "It's Definitely Deflation," Mish Says Ask an economist about their biggest concern about the U.S. economy and you're likely to get one of two starkly different answers: America is either about to be swamped by a major bout of inflation or decimated by deflation. Count Mike "Mish" Shedlock of Sitka Pacific Capital among the deflationistas. While some consumer prices are rising and the Fed is printing money like crazy, Shedlock says deflation is "definitely" a greater threat than inflation. People looking at prices are ...
Video: Deflation, Gold, and the Stock Market
Minyanville —
I was on three Tech Ticker segments Wednesday with Henry Blodget and Aaron Task: Inflation or Deflation? Ask economists about their biggest concern about the US economy and you're likely to get one of two starkly different answers: America is either about to be swamped by a major bout of inflation or decimated by deflation. Count Mike "Mish" Shedlock of Sitka Pacific Capital among the deflationists. While some consumer prices are rising and the Federal Reserve is printing money like crazy, Shedlock says deflation is "definitely" a greater threat than inflation. People looking at prices are completely missing the mark," says Shedlock. "Consumer credit is falling, banks aren't lending, and we've got bank failures at a ...
