Are We Experiencing Deflation?

People are saving, not spending or "consuming." There is a tightening of credit occurring as consumers and businesses aren't borrowing as they try to stay afloat. Add to this dynamic the fact that banks aren't lending and we have the perfect credit contraction deflation storm.

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Digger’s Friday Triple Play

Doug Digger Eberhardt's Top 3 Articles and Posts of the Week When Stimulus Does Not Stimulate Credit Expansion, Crisis, and the Myth of the Saving Glut Bailing Out Your Spendthrift Relatives

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