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07-27-2009, 04:38 PM #1
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Experts: Fear Deflation Now, Not Inflation Later
Experts: Fear Deflation Now, Not Inflation Later
Monday, July 27, 2009 3:08 PM
By: Dan Weil
Many experts are growing concerned about the inflationary implications of the massive fiscal and monetary stimulus that has been implemented around the globe to end recession.
But the first worry is deflation, many point out.
In a recent speech, World Bank Chief Economist Justin Lin explained that a failure to eliminate excess capacity worldwide may spark a “deflationary spiralâ€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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