Monetary deflation

[David Shemano]

For those interested, my supply-side gurus are taking the position that the
world economy is suffering a severe monetary deflation, mainly caused by
errors at the Fed.  If true, Lefties especially should be concerned, because
monetary deflation has directly negative consequences for the ability of
debtors to repay debt.

http://www.polyconomics.com/searchbase/03-14-01.html

http://www.nationalreview.com/comment/comment-darda031901.shtml

David Shemano