Mish Shedlock on Deflation: We’re Almost There, or Already There

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Mish Shedlock on Deflation: We’re Almost There, or Already There

Real nice post by Mish Shedlock over on his always excellent blog entitled Are we “Trending Towards Deflation” or in It? I know many readers share my view on the inflation/deflation debate – namely that because we have a credit based economy, the Fed is relatively powerless to stop inflation.  If that’s your take, then […]

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Why 2 Trillion Dollars in Consumer Credit Will Go To “Money Heaven” Very Soon

Courtesy of Pragmatic Capitalism: Is there a debt problem in the United States?  You better believe it.  But it’s not debt problem everyone is panicking over (the government deficit).  It’s at the private sector level.  This classic balance sheet recession has consumers saddled with debt.  Peter Cecchini, chief strategist at BGC Financial LP says there […]

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