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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (88542)11/6/2007 6:48:30 PM
From: KyrosL  Read Replies (1) of 110194
 
<debt deflation is not in my dictionary>

It is, however, in the dictionary of modern Economics. The term was coined in 1933 during the Great Depression.

Here is a paper on debt deflation from the Bank of International Settlements with contributions from Bernanke, Minsky, et al.

BIS Working Papers
No 176
Debt-deflation: concepts and
a stylised model
by Goetz von Peter

bis.org
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