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Some economists say inflation is inevitable. Others say we are headed for a deflationary economy. Chances are, we could be headed for deflation first, and inflation later. Gary Shilling, president of A. Gary Shilling & Co., is a well-known market bear and says that we are entering a period of deflation that could last a decade. Part of his reasoning: the consumer price index which measures inflation, has been falling. That, plus the government's massive debt and consumer debt are further reasons for why the Fed's efforts to save the economy may not have succeeded.
Continue reading Gary Shilling: Where To Invest in a Deflationary Economy
Gary Shilling: Where To Invest in a Deflationary Economy originally appeared on BloggingStocks on Tue, 03 Aug 2010 18:00:00 EST. Please see our terms for use of feeds.
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Gary Shilling - Deflation - Inflation - Federal Reserve System - BloggingStocks
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