Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (98752)	6/22/2009 10:31:44 AM
From: Claude Cormier	Read Replies (1) of 116555

\|\| Given that the Flow of Funds Report Offers Hard Evidence of Deflation Total credit went down by $1.8 trillion based on your flow of funds report. Some of it are reimbursements, some of it are repudiations (writedowns). The former is deflationary. The later is not. Furthermore, I read that significantly more is being (or has been) injected on banks balance sheet. Granted, there is sectorial price deflation, but is there really monetary deflation?

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