Deflation in Japan

U.S. Deflation Risk: Fact or Fancy?

November 17, 2010

The Fed is engaging in a second round of quantitative easing to ensure that the United States doesn’t slip into deflation.  Deflation can be like a stroke in that full functionality sometimes never returns.  Excessive inflation, in contrast, can always be conquered if monetary authorities have enough political backbone, which is why they tend to […] More