Inflation and Deflation Leading to Banana-Republic-Like Income Distribution
March 26, 2011 at 12:15 PM EDT
When I had Pat Gorman on my radio show, I asked him whether he thought we would face inflation or deflation. His wisecrack answer was, “Yes!” By that he meant we will have both inflation and deflation. Now while I still hold fast to the idea that we may eventually see both hyperinflation . . . → Read More: Inflation and Deflation Leading to Banana-Republic-Like Income Distribution