With QE Infinity, Is Deflation Possible? Alasdair Macleod, Michael Oliver and Chris Taylor are returning guests on this week's show. Alasdair believes fears of price deflation are unwarranted. Price deflation has been brought about by past sound money and free markets. By contrast Keynesian inflationary financing has led to repeated monetary and systemic failures. Investment funded by savings is a far better, natural economic environment than the false gods of easy debt and money printing. There can be no return to the stability of gentle price deflation without seismic shifts in economic thinking by governments and central banks. Alasdair explains why mild deflation, which is positive for most people, is no longer possible. Instead we face prospects of rising consumer inflation as well as continued asset inflation. Chris provides an update on Great Bear's unfolding world class Dixie gold discovery and Michael updates us on his latest structure and momentum indicators for all the markets of major importance to our listeners. Listen to Audio Jay Taylor Media - Listen to and download podcasts. You Tube Channel |
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