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Thread: weekend commentary - Price Stability in 'Inflationstan'

  1. #1
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    Default weekend commentary - Price Stability in 'Inflationstan'

    This is a 'must read' to help understand what is likely to transpire with the US economy in 2007

  2. #2
    Jay Zeno
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    Default Re: weekend commentary - Price Stability in 'Inflationstan'

    In the author's words: "Obviously the American economy is far more complex than the model I've laid out here and many of the assumptions I've made are way too simplistic and do not even touch upon the dynamic relationships of the different sectors of the economy and the disharmonics that reverberate throughout those sectors by inflation." Nor does he touch on a lot of positive aspects of the moves of "Greenspanijad" (which is to be expected in a opinion/spin piece. I'm not complaining). The biggest problem is that he made it tough to read.

    For a more simplistic view of what's coming in 2007, we can look to vision of what'll happen.

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