Excellent article that goes against the grain of the economist's that are making news today. Deflation, Tamny argues is a delusion. This article is a pretty easy read given the complicated concepts involved and I encourage you to read it.
I see inflation, not deflation over the next five years. Sure, we could have short term deflation, it is a real possibility, but I still think the long term threat is inflation.
Please read this article.
Scott Dauenhauer CFP, MSFP, AIF
