Fed in deflation penalty box

Price deflation is the natural outcome of mammoth excess capacity and shrinking demand from aging, indebted consumers.  Lower asset values are a key part of the cure needed to fix global imbalances and restore rational investment math and consumption ability once more for the middle class.

But for bankers…this is a nightmare of their own foolish, greedy design.  Rate-cutting powers now gone, and future consumption already spent as demand the past few years, the next global recession is advancing to force a much needed cleansing of reckless policies and players.  Couldn’t happen to a more deserving bunch of folks…
10 year deflation box

This entry was posted in Main Page. Bookmark the permalink.