What the Crisis Taught Us: More Bubbles! We Need Bigger Bubbles to Combat Deflation!
January 31, 2014Spread the love
I invite you to read World risks deflationary shock as BRICS puncture credit bubbles by Ambrose Evans-Pritchard. It is a remarkable state of affairs that the G2 monetary superpowers – the US and China – should both be tightening into such a 20pc risk, though no doubt they have concluded that asset bubbles are becoming an even bigger danger
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What the Crisis Taught Us: More Bubbles! We Need Bigger Bubbles to Combat Deflation!
