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AstheWorldWorlds
May 4, 2011
Who here has seen Hedges' interview with Wolin?

http://youtu.be/YjfKosDBOzQ

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AstheWorldWorlds
May 4, 2011

GhostofJohnMuir posted:

Whoa, whoa, deflationists? As in people who want deflation? Is this just a case of "inflation bad, therefore deflation good", or do they actually have some kind of theory backing it up?

In a sense, yes. Lots of people from the Austrian school and its descendents are very concerned with inflation, to the point where they either are unaware of or downplay the dangers of deflation.

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