nflation or Deflation? "Yes," Says Chris Martenson, Who Sees 'Stagflation' Coming
August 09, 2010
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The Federal Reserve will announce it’s latest interest rate decision on Tuesday. Few are expecting the central bank to raise rates. Instead the attention, as it has been over the last year-plus, will be focused on the Federal Reserve’s wording. Will they signal another round of quantitative easing based on fears of deflation?
The theme of deflation has picked up steam among some of the world’s top investors, as we recently chronicled with the Wall Street Journal’s Gregory Zuckerman.
Yet many reading this must be thinking: What deflation? The price of gasoline, food, healthcare, education are all getting more expensive.
Ask Chris Martenson, inflation or deflation? The economic researcher responds, “Yes!”
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