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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: jrhana who wrote (181)7/13/2003 12:56:00 PM
From: austrieconomist  Read Replies (1) of 110194
 
Volcker quote was from July 11, 2003 Daily Reckoning.

- "As for the prospect of a significant deflation in consumer prices, Paul Volcker has an uncommon viewpoint: 'If I were setting odds on deflation in the U.S.,' says the former Fed chairman, 'the probability wouldn't reach 0.1%. I see no prospect of real deflation like we had in the U.S. and other countries in the 1930s.'
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