Thursday, April 15, 2010

Reading Hoisington On Contradictory Fiscal Policy, Ricardo, Keynes And Friedman

As always, Hoisington delivers sharp insights into contemporary economic affairs, and contrary to prevailing mood sounds quite deflationary.

Also top ranked strategist Albert Edwards at Societe Generale was calling today for cyclical deflation, before accepting structural inflation take-off.

Ufff, get it right ....

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