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
