Cards Quote by Michael Hudson

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

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

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

In the simplest terms, inflation occurs when there's too much money in the system. On the flip side, deflation occurs when there are too…

— Robert Kiyosaki

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

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

— Ben Bernanke

So we are in for years of debt deflation. That means that people have to pay so much debt service for mortgages, credit cards,…

— 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

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

— Stanley Druckenmiller

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

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

— Robert Kiyosaki