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

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From: Chispas6/8/2010 10:49:29 PM
1 Recommendation   of 116555
 
Ackerman - "Britain Becomes the First to Choose Deflation" - June 9, 2010
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Over the last three years, the Federal Reserve has conjured up trillions of dollars of funny money in an attempt to breathe some inflation back into the economy. The attempt has cleared failed. Now, it would appear, Britain has become the first country to throw in the towel on fiscal and monetary black magic. In effect, the country has decided to let deflation take its course, allowing the chips to fall where they may............

rickackerman.com
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