The chattering classes have lately taken up a chorus of worry that our economy is experiencing too little inflation for its own good. The Greenspan Fed has announced that having battled the demon inflation to a stand they would now take up their cudgel against the much more fearsome foe, deflation.
The Fed Fights Deflation
The Fed Fights Deflation
The Fed Fights Deflation
The chattering classes have lately taken up a chorus of worry that our economy is experiencing too little inflation for its own good. The Greenspan Fed has announced that having battled the demon inflation to a stand they would now take up their cudgel against the much more fearsome foe, deflation.