Bases Quote by Ben Bernanke

Deflation means a slowdown of income growth. Markets shrink, new capital investment and employment also taper off, so wages decline. That is what's happening…

— Michael Hudson

Deflation is defined as a general decline in prices, with emphasis on the word 'general.'

— Ben Bernanke

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

Sector-specific price declines, uncomfortable as they may be for producers in that sector, are generally not a problem for the economy as a whole…

— 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

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 way you create deflation is you create an asset bubble.

— Stanley Druckenmiller

“It is one thing when prices drift downward over time due to innovation, scalability or other efficiencies. This might be considered “good” deflation and…

— James Rickards

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

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

Deflation can be particularly dangerous when a financial system is shaky, with household and corporate balance sheets in poor shape and banks undercapitalized and…

— Ben Bernanke

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

— Stanley Druckenmiller