…payments for these workers remain the same, many of them are going to be in deep trouble. That is a recipe for a wage/price deflationary spiral, just as was set…

…do not appear to be in a wage-deflationary spiral. The bad news is that the underpinnings of the good news has started to go away in the past few weeks….

…is a good thing. In the past, deflationary recessions, most notably the “great contraction” of 1929-32, ended when the YoY change in producer and consumer prices bottomed out. In this…

…equipment that, well, here’s the chart: Asset bubbles always pop eventually, either by their own deflationary death spiral or by way of macroeconomic recessions. Crops are the basis of many,…

…imitation, or direction of nature.” In addition to its important contribution as a catalyst to scientific discovery and experimentation, the aid of alchemy was sought by statesmen to address deflationary…

…government stepped in. 8. On top of that, when the railroad investment bubble burst in the Panic of 1873, plunging the country into a deflationary recession, the North lost all…

…or not is important. And in July, the deflationary pulse generally continued. While final demand producer prices for goods edged up by 0.1%, intermediate stage prices for goods declined -0.7%…

…it as recessionary. And because China is such a huge consumer of raw materials, I would treat it as placing further deflationary pressure on commodities, which we may be seeing…

…to, to lower rates at its meeting later this month. If it doesn’t, that suggests that its preferences are in fact asymmetric – and in the more dangerous deflationary direction….

…the past month to the low end of their last two year range. On the other, it appears that China has begun a genuine deflationary spiral, as not only have…