Still Disinflating – A picture Worth a Thousand Words.

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Subject:	FWC: Still Disinflating – A picture Worth a Thousand Words.
Date:	Wed, 31 Mar 2010 10:25:26 -0700
From:	Jas Jain

It would be nice if morons like Faber, Rogers and Schiff were publicly humiliated for their lies when during 2012-13 we have a serious case of deflation in the US and many other economies. Country after country in Europe and the US would prove, once and for all, that there are no printing presses for money, only debt.

 

Jas

-x-x-x-x-x-x-x-x-

http://www.economist.com/blogs/freeexchange/2010/03/inflation_3

 

Still disinflating

• Mar 30th 2010, 21:10 by R.A. | WASHINGTON

THERE is no end of debate over what should and shouldn't be considered relevant in considering monthly price index moves. Setting that aside, many of the price indicators favoured by policymakers show a clear pattern to recent inflation moves

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Note to Jas:  "Disinflation" is is a decrease in the rate of inflation  – a slowdown in the rate of increase of the general price level of goods and services in a nation's gross domestic product over time. It is the opposite of reflation.  You've been predicting deflation for over a decade and we have yet to have it on an annual basis as your chart shows well.  ECRI has been correct, see:

•  ECRI Global Inflation Outlook - Higher Inflation Ahead

Kirk