Thorne Webb Dreyer, Editor
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Tag Archives: Deflation
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OK, deflation has arrived. Now what?
The global situation is in its deflationary, cascading-default phase, where entire countries can go broke from bad petrodollar-denominated debt. By Roger Baker | The Rag Blog | January 27, 2016 “Every time history repeats itself, the price goes up” — … Continue reading
Posted in RagBlog
Tagged Deflation, Keynesian Economics, Rag Bloggers, Resource Limits, Roger Baker, World Economy
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The Dynamics of a Deflationary Spiral
Goody’s Family Clothing appears to be the first retail casualty of a tough holiday season. Above, a store in Knoxville, Tenn., in 2005 during better times. Photo by AP. One problem in engineering an eventual recovery is that so much … Continue reading
US Household Worth Takes a Nosedive : How Do We Get Out of This Mess?
Updated December 17, 2008 Americans strapped for cash so they’re not spending; How will the government pay back all the cash it’s creating?By Roger Baker / The Rag Blog / December 16, 2008 See ‘Household Net Worth in U.S. Declines … Continue reading