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overtheedge
Membre depuis mai 2012
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A laissé un commentaire sur l'article :

Lacy Hunt on Financial Repression; Deleveraging Not - Mish - Global Economic Analysis

"Therefore record low inflation ..."
Previously Lacy Hunt was with the Federal Reserve in Dallas.

http://research.stlouisfed.org/publications/net/20101001/cover.pdf?utm_source=Twitter&utm_medium=Social%2BMedia&utm_campaign=Twitter

It would appear there must be some confusion.
According to the linked to pdf, the USA has experienced several deflationary periods.
Now wouldn't real deflation be an even LOWER level of inflation?

My bovine excrement meter just exploded and caught fire filling the house with noxious smoke.
But I got it knocked it down with a fire extinguisher.
Windows and doors are open to exhaust the smoke, but ...
where did those mirrors come from?

But I don't sell anything so let's forget my snarky comments and just read the first sentence of the last paragraph of the above linked to pdf on the St. Louis Fed website.

Commenté il y a 3488 jours

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Début de l'article :In another of his series on Financial Repression, Gordon Long of Market Research and Analytics interviewed Dr. Lacy Hunt, Executive Vice President of Hoisington Investment Management Company. Previously Lacy Hunt was with the Federal Reserve in Dallas. He was also the chief economist for the largest bank in Philadelphia, and the chief economist for HSBC (at the time the largest bank in the world). Hoisington manages over $5 billion for pension funds, endowments, insurance companies and others... Lire la suite

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