Tag Archives: MISH

Deflation is here and now and everywhere.


If one were to listen to the policy makers and news media, one might think that deflation may still be averted and has not yet arrived. But if one reads the official economic statistics from around the world one will see that deflationary spiral has already arrived and is beginning its whirlwind motions in earnest.

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Deflation in the commercial paper market.


Corporate borrowing costs continue to climb along with the steep plunge in commercial paper. Please consider Commercial Paper Falls Most Ever.

The U.S. commercial paper market, the cheapest source of corporate cash, is shrinking at a record pace, raising the cost of capital for borrowers

Embrace Deflation – It’s The Cure, Not The Problem.


The Fed likes to portray itself as being an “inflation fighter” when the ONLY source of inflation is the Fed itself. Because of rising productivity over time, the natural state of affairs is actually deflation.