mises.org - 12/2/2008
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As prices decline, businesses sell less, then go out of business. Fewer goods and services are offered. Less doesn't become more. It becomes less. As businesses fold, capital dries up because investors don't believe any business will make it, no matter what the product or service. Investors hang ...
declineandfallofwesterncivilization.blogspot.com - 12/4/2008
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declineandfallofwesterncivilization.blogspot.com —
the call from morgan stanley . Despite still
relatively high CPI and PPI inflation at the current...
juncture, we believe that a perfect storm for deflation is gathering strength under the surface and is expected to bring about a deflationary impulse in 1H09, which may morph into persistent ...
(more)
deflation in china
knzn.blogspot.com - 11/29/2008
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knzn.blogspot.com —
The bad news is that the headaches and
fatigue you’ve been experiencing aren’t just stress. According to...
our tests, you have a serious illness, and if it’s not treated soon, you could be dead within a year or two. The good news is that the treatment ...
(more)
Deflation?
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Nonsense about Deflation
Mises Economics Blog —
... We are now hearing ominous warnings about imminent deflation. Checking the welcome page at AOL this morning, I see that the lead item in the financial news section heralds "The Looming Threat of Deflation." This headline encapsulates two highly problematic ideas. The first is that deflation would necessarily be a bad thing. The second is that deflation is likely to occur in the near term. FULL ARTICLE ...
Deflation, alcohol abuse, and asset bubbles
The Mess That Greenspan Made —
... There aren't too many who understand this issue as it should be understood, but one of them is Robert Higgs who writes at the Mises Institute and offers the same critique of reporting on "deflation" today. ...
Friday's Links
Todd Sullivan's - ValuePlays —
... - If inflation is a tax, then don't we want some deflation as a tax cut? - Everything you wanted to know about the bailout but were afraid to ask - The trades should settle - Credit cards the next shoe to drop Disclosure ("none" means no position): Visit the ValuePlays Bookstore for Great Investing Books ...
Best Quotes of December 2008
GoldSeek.com —
... it to produce as many US dollars as it wishes at essentially no cost," he said. Critics had great fun with this when Bernanke later became Fed chief. But the speech is best seen as a thought experiment by a Princeton professor thinking aloud during the deflation mini-scare of 2002. His point was that central banks never run out of ammunition. They have an inexhaustible arsenal. The worlds fate now hangs on whether he was right (which is probable), or wrong (which is possible). Robert Higgs, Independent Institute Which brings us to the second question: for better or worse, ...
Related Content
In Depth: Robert Higgs
booktv.org 3/27/2009 — About the Author Robert Higgs is a Senior Fellow in Political Economy at the Independent Institute. Previously, he's been a fellow at the Hoover Institution and the National Science Foundation. Mr. Higgs has taught at the University of Washington, ...
Deflation?
economistsview.typepad.com 4/16/2009 — With the decline in consumer prices today, people are beginning to talk about
the risk of deflation once again, though it doesn't appear there's much worry
since the decline was driven mainly by energy prices:
For the first time in over a half ...
Deflation Worries
gregmankiw.blogspot.com 11/21/2008 — From Google Trends , here is a graph of the i nternet search volume for the word "deflation." Note the sizable spike of late. Presumably, this is not because motorists are suddenly worried about their tires running out of air.
DEFLATION ?
angrybear.blogspot.com 3/22/2009 — By Spencer, Did you know that over the last six months the compound growth of the total CPI was -5.0%. Of course that is up from January when it was - 5.8%. You have to go back to 1948 to find actual deflation like this, when it bottomed at -4.2%.. ...
Embrace Deflation - It's The Cure, Not The Problem
globaleconomicanalysis.blogspot.com 6/28/2009 — Concern over Japanese deflation is increasing. Please consider Japan Succumbs to Deflation as Consumer Prices Fall Record 1.1% . Japan’s consumer prices fell at a record pace in May, adding to the risk that deflation will become entrenched and hamper ...
Deflation or disinflation?
VoxEU.org 2/11/2009 — Robert Ophèle , 11 February 2009 The recent rapid fall in inflation, amidst a financial crisis and a very sharp economic slowdown, has raised the spectre of deflation. But, this column argues, current dynamics in France and the euro area are actually ...
Deflation has become inevitable
londonbanker.blogspot.com 12/13/2008 — For a while now I have been on the fence on the inflation/deflation issue – whether the massive monetisation of bad debts by central banks and governments will lead to rapidly escalating inflation as currencies are debased or, alternatively, lead to ...
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