Daily Archives: May 20, 2013

But, but, but…Inflation!

Five years ago the United States economy was mired in the largest recession in 75 years. Domestic economic activity plummeted: Unemployment skyrocketed: As the gears of the financial mechanisms in this country came to a halt, major concerns about deflation were raised.  A potential depression-like scenario was presented as a real possibility.   In response to the […]

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