Bad Quote by Ben Bernanke

When there's deflation, it means that although most markets are shrinking and people have less to spend, the 1% that hold the 99% in…

— Michael Hudson

The way you create deflation is you create an asset bubble.

— Stanley Druckenmiller

There are two definitions of deflation. Most people think of it simply as prices going down. But debt deflation is what happens when people…

— Michael Hudson

The real problem is deflation. That is the opposite of inflation but equally serious to the borrower.

— Jack Kemp

Deflation is a leakage from this circular flow, to pay banks and the real estate, called the FIRE sector - finance, insurance and real…

— Michael Hudson

Every serious deflation I've looked at is preceded by an asset bubble, and then it bursts.

— Stanley Druckenmiller

Deflation isn't good, and inflation is easier to cure than deflation.

— Robert Kiyosaki

The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate demand.. a…

— Ben Bernanke

Basically, unless you're willing to write down debts and save the economy, you're going to have deflation and a steady drain in purchasing power…

— Michael Hudson

The basic prescription for preventing deflation is therefore straightforward, at least in principle: Use monetary and fiscal policy as needed to support aggregate spending,…

— Ben Bernanke

Despite the recent conviction of many that we're headed back to inflation, I think deflation remains the more likely prospect. You've just got too…

— Gary Shilling

Debt deflation is when there's less money that people have to spend out of their paychecks on goods and services, because they're paying the…

— Michael Hudson