Deflation Bonanza! (And the Fool's Mission to Stop It)
MishTalk
JANUARY 20, 2015
One widely recognized "big loser" is the tourism industry. They are even booking extra trains to Germany to do so. Addendum: Lacy Hunt at Hoisington Management pinged me with this interesting thought: " Academic research indicates that QE in the US contracted rather than expanded economic activity, just as it did in Japan.
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