Now to the big subject of the day. Inflation. You’d think evidence of even bigger deficits in the U.S. is clearly inflationary. But not everyone thinks so. The new prophet of doom, Dr. Nouriel Roubini, says at least four factors are setting up what he calls “Stag Deflation” (as opposed to the stagflation of the 1970s, where you had no growth and rising prices). Roubini’s four forces of Stag Deflation are…
October 31st, 2008 | Dan Denning | 6 comments | Continued


