The Wall Street Journal Is Wrong To Underplay Deflation
Today’s Wall Street Journal Heard On The Street column said that the “air maybe going out of the deflation risk”. The article states “…history shows how quickly deflation can give way to inflation. Paul Kasriel, director of economic research at Northern Trust notes that in 1933, the U.S. suffered severe deflation, yet the following year […] [read full story]
Posted in: Deflation, Economic Statistics, Finance, Great Depression, Inflation, Paul Kasriel, Wall Street Journal
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