Credit crunch, followed by asset deflation. See also Robert’s series of essays in December/January….

rdan I found this saying over at Oildrum in the comments on a post about asset deflation and price inflation through the rise in prices for oil and some other…

…“fair use” restrictions). Jacob Viner (1933), “Balanced Deflation, Inflation, or More Depression” Perhaps the most important single document with respect to how much the Chicago School of Economics has forgotten…

…the cost of living last year, the biggest increase since 1982. That adjustment jacks up benefits payments permanently. Uh Kevin, a prolonged period of low inflation or deflation lowers benefits…

by cactus Tax cuts aren’t the only thing that work great in every situation. Hoarding gold works too: Gold is now regarded as a hedge against both inflation and deflation,…

…deflation. One other thing you can do with the industrial production data is combine it with the hours worked data released in the BLS employment report to generate a rough…

…still is what it almost always has been, a Pay-Go system. Now as to self-adjustment. A normal recession is marked both by low inflation or even deflation and higher levels…

…than it is. It is now time to worry about deflation, not inflation. P.S. Interesting footnote: The year-over-year growth of the civilian labor force is now negative for the first…

rdan I apologize for just the link, but this note on Japan is worth a look on production and deflation figures….

…deflation first) which is real money for most of us, but that ignores one detail: most of us are concerned that Hubbard’s buddies have so screwed things up that job…