Charles E. Kirk wrote a fantastic post today on “Up In Flames”
Here’s ONLY a quick extract
Up In Flames
The latest and greatest fear - deflation The Federal Reserve put deflation back on the table Fed’s Bullard says U.S. deflation is an issue Fed must face Fed’s Lacker sees 2009 rebound Inflation is bad for stocks. The only thing worse is deflation U.S. Treasury’s u-turn on TARP jolts credit markets P…
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