Slow Job Growth: Misconceptions of Inflation vs. Deflation
Market observers who say we are in a period of deflation have missed the point, argues John Tamny — in fact, the current economic malaise could as easily be attributed to inflation. “Slow growth, high unemployment, capital constraints and falling prices are frequently the symptoms of both despite inflation and deflation being two different ills,” Tamny writes. He goes on to say that the solution should be a focus on currency stability.
Read the Full Story by John Tamny on Forbes.com
