The unfolding time for the end of globalization or a worldwide deflation is much longer, certainly measured in years, if not decades. — John L. Casti Copy Share Image
However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot… — Toshihiko Fukui Copy Share Image
Basically, unless you're willing to write down debts and save the economy, you're going to have deflation and a steady drain in… — Michael Hudson Copy Share Image
Sector-specific price declines, uncomfortable as they may be for producers in that sector, are generally not a problem for the economy as… — Ben Bernanke Copy Share Image
Unemployment is sky-rocketing; deflation is in our future for the first time since the Great Depression. I don't care whose fault it… — John Mellencamp Copy Share Image
We're in a chronic debt-deflation. There's no way we can recover unless you write down the debts. And that's what the IMF… — Michael Hudson Copy Share Image
The entire political class and ruling Wall Street class are zero-percent-interest zombies who talk about 'deflation' in the value of their second,… — Max Keiser Copy Share Image
So we are in for years of debt deflation. That means that people have to pay so much debt service for mortgages,… — Michael Hudson Copy Share Image
“The deflation, or flattening out, of values in Modern art does not necessarily indicate an ethical nihilism. Quite the contrary; in opening… — William Barrett Copy Share Image
There are two definitions of deflation. Most people think of it simply as prices going down. But debt deflation is what happens… — Michael Hudson Copy Share Image
Deflation means a slowdown of income growth. Markets shrink, new capital investment and employment also taper off, so wages decline. That is… — Michael Hudson Copy Share Image
With QE3, we are essentially being bought out with our own money...and unemployment is being used to facilitate this process in a… — Catherine Austin Fitts Copy Share Image
No central banker would disagree with the proposition that inflation is primarily a monetary phenomenon. Not one of them will disagree that… — Milton Friedman Copy Share Image
“At the end of 2012, the yield on nominal bonds was about 2 percent. The only way that bonds could generate a… — Jeremy J. Siegel Copy Share Image
When there's deflation, it means that although most markets are shrinking and people have less to spend, the 1% that hold the… — Michael Hudson Copy Share Image
I've learned about the inflation range situation. Obviously with our footballs being inflated to the 12.5-pound range, any deflation would then take… — Bill Belichick Copy Share Image
People think of a business cycle, which is a boom followed by a recession and then automatic stabilizers revive the economy. But… — Michael Hudson Copy Share Image
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks… — Anonymous Copy Share Image
The U. S. is headed toward a period of business depression... beginning within the next two years, which may exceed that which… — Irving Fisher Copy Share Image
For years, we've grown dependant on American consumers as the world's spenders of last resort. They've kept Europe out of recession, allowed… — Evan Davis Copy Share Image
![“The U. S. is headed toward a period of business depression... beginning within the next two years, which may exceed that which preceded the War. ... The only thing that will save us is a new gold policy or the discovery of a new process or additional gold fields. If the fall [of gold production]…” quote by Irving Fisher](https://sms4smile.com/q/img-quotes/dfd/irving-fisher-29435_accidents_the-u-s-is-headed-toward-a-period-of-bus_1719582.jpg)
