Todd Harrison: “Pick a Side: Hyperinflation or Deflation?”
June 4, 2009 at 9:18 am · Category: Inflation, Macro Economics
There is a marked difference between taking our medicine as a function of time and price and injecting the system with drugs with hopes that the symptoms will pass. The latter continues to be the diagnosis of choice but the economic patient would be well served to understand both sides the prognosis.
– “Pick a Side: Hyperinflation or Deflation?”, Todd Harrison, Minyanville, June 3
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Hi Greg I started to write a comment but it morphed into a blog post of its own:
https://stpeter.im/index.php/2009/06/04/train-wreck/
Interesting times!