Wednesday nov 19 2014
What's Scarier Than DE-flation? As early as 2011, our analysis warned that Europe's deflation was coming -- here's why By Elliott Wave International
At last count, EIGHT European nations are now in outright deflation. It's the "Titanic" shipwreck scenario "no one saw coming." Well, not exactly no one. Read more.
Come on, Prof Elam. And, we have 2% inflation in the US? Inflation and deflation are monetary phenomenons, not based on some bogus statistic of prices of goods. The inflation is in the equity and especially the bond markets.
Posted by: ndmaster | November 21, 2014 at 10:22 AM