Sunday, January 20, 2008

The Deflation Time Bomb

http://www.lewrockwell.com/orig8/whitney5.html

The Deflation Time Bomb
by Mike Whitney


Is there anyone who still does not understand that talk of ‘inflation’ by officialdom is just a red herring intended to distract us from the far more dangerous dragon of deflation?
~ Mike Shedlock, Mish’s Global Economic Trend Analysis

We are to about see how much George Bush really believes the “supply side” mumbo-jumbo he’s been spouting for the last seven years.

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