…with the distinct possibility of triggering a debt-deflationary spiral. We barely escaped such a spiral in 2009. Here is an article by Mike Shedlock: Wage Deflation is starting in, from…

…the 1960s. I do want to caution that the yield curve did not invert during the deflationary 1930s and low-flation 1940s, and several recessions happened anyway, so while I am…

…inflationary era, and the more recent disinflationary and deflationary era. First, all three generally move in the same direction, i.e., both long and short term interest rates tend to broadly…

…inflationary era, through the early 1990s, YoY wareal wage growth actually slightly led sales. In the deflationary era that dates from the alter 1990s, if anything the two are a…

…the next recession will tip over into outright deflation, including deflation in even nominal wages. Now imagine a wage-price deflationary spiral beginning with Donald Trump as president and the GOP…

…than it had been, nevertheless is still quite positive: [I still suspect that the yield curve is the indicator most likely to not accurately signal in our deflationary era.] Real…

…inflationary era, through the early 1990s, YoY wareal wage growth actually slightly led sales. In the deflationary era that dates from the alter 1990s, if anything the two are a…

…government securities have a very spotting record during more deflationary eras. Today let’s approach the issue from another angle. Is there something about the *intensity* of Fed moves that correlates…

…were thus deflationary, exacerbating the debt deflation dynamic, rather than boosting demand in a way which would have and ultimately did under Roosevelt end deflation. And of course, the lack…

…into negative territory, that would open the door almost instantaneously to a vicious wage-price deflationary spiral, the type of which was last seen during 1929-32. Keep your fingers very crossed….