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overtheedge
Member since May 2012
680 commentaries
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has posted a comment on the 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.
Commented
3349 days ago
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Beginning of the headline :
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...
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chers Vladi,il est lor, oui, effectivement, et alors ? un fonctionnaire crée de la richesse ? creuser des trous crée de la richesse ? si nous arrêtions, pour voir, de payer nos impôts, vos 55, fonctionnaires compris, font quoi fin du mois ? merci d'expl
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ferzi
- 20/04/2013 à 20:03 GMT
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