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View Full Version : Economists in Majority Don't Let Improving Data Undermine Deflation Gloom - Bloomberg



NewsWhore
12-01-2011, 10:20 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHMGcPV9WHUmiQwWkbKgkeYLsfAzQ&url=http://www.bloomberg.com/news/2011-12-01/majority-of-economists-still-see-deflation-gloom.html)
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Economists in Majority Don&#39;t Let Improving Data Undermine Deflation Gloom (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHMGcPV9WHUmiQwWkbKgkeYLsfAzQ&url=http://www.bloomberg.com/news/2011-12-01/majority-of-economists-still-see-deflation-gloom.html)
Bloomberg
And yet, his debt-deflation theory has gained currency in the aftermath of the collapse of credit markets in 2008. Fisher describes a vicious spiral in which liquidation of debt slows the economy, cuts the value of assets, curtails lending, ...

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