Guest Post: The Future – Deflation

Submitted by James Perry. Everyone speaking about inflation these days. Many seeing it mostly in commodity prices and the insane printing of money. Yet with oil heading steadily back to the range from last summer, there is no bottom anywhere for home prices. Also, banks can hoard up all the cash they want: nobody wants [...]

The Household Driven Deflation?

In his daily report yesterday, David Rosenberg had some pertinent things to say about deflation, not the least of which was debunking Melissa Francis’ preconception that inflation is equivalent to commodity price increases. The key issue is the differential between absolute and relative price increases: in many ways the current inflation scare is even less [...]