Quote of the day

“I find economics increasingly satisfactory, and I think I am rather good at it.”– John Maynard Keynes

Wednesday 7 January 2015

This time last year...

some commentators were predicting deflation; from a different source, perhaps, but uneerily accurate - worth reading to compare then with now.

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10605957/World-risks-deflationary-shock-as-BRICS-puncture-credit-bubbles.html

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