Sunday, October 25, 2009

Inflation or Deflation? It is Definitely Deflation Mish Says

"When credit is not expanding, businesses are not expanding, businesses aren't hiring [and] the unemployment rate starts soaring," Shedlock says. "That's the really important thing here. When you look at [consumer] prices, that's putting the cart before the horse."

Tags : Mish Inflation Deflation Marc Faber Peter Schiff Credit Crisis Economy Housing Market Mortgage Stock Jim Rogers Builders China Dollar Euro Gold Home Investing Market Oil Soros Stock Yen Yuan Ben Bernanke Fed Street Wall


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