Deflation Is Good

We wrote an article about inflation and price inflation recently and came down on the side of inflation (both price and monetary) – in the long term anyway. This article on Rick Ackerman's blog seems to be getting a lot of attention and comes to the opposite conclusion. The West is headed toward a deflationary depression and the British government is making the right decision – or so the consensus seems to be, even in the alternative press.

About SCrosnoe

I serve as a watchmen on the wall. In that effort, I have been a grassroots activist for over thirty years (first in Texas and now in Oklahoma). I am a conservative, limited government freedom lover. I am a co-founder of R3publicans or R3s –- we are Republicans working to Restore the Republic. I live in Bartlesville Oklahoma.
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