Today, and the risk of deflation

Listening to On Point radio program discussing the risk of long term deflation in the US market.

http://www.onpointradio.org/media-player?url=http://www.onpointradio.org/2010/08/deflation-fears-a-lost-u-s-decade&title=Deflation+Fears%3A+U.S.+as+Japan%3F&pubdate=2010-08-12&segment=1

They are underplaying the potential damage this would do in the circumstances of millions of homeowners underwater in their mortgages.

About rawlinsview

News and political commentary from the point of view of the social interests of the international working class.
This entry was posted in Political Economy. Bookmark the permalink.

One Response to Today, and the risk of deflation

  1. rawlinsview says:

    Six months later it seems that deflationary risks have abated and that inflationary pressures are on the rise.

    To some extent this is a healthier trend than deflationary pressures. At the same time inflation is a more volatile trend both in terms of economics and in terms of the political consequences of economic trends.

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