New Martenson Report on Inflation and Deflation
There's a new Martenson Report ready for enrolled members.
- Inflation or deflation? - the most important question of our day
- Vast disagreements exist
- Inflation = persistent increase in money and credit
- Inflation Myths
- What you can do
There is simply no more contentious or important issue sitting before everyone these days than resolving the question of whether deflation or inflation lies before us. Sides have been drawn, opinions hardened, and camps formed.
When I write these reports, I do my best to peer just a bit further down the road than most. I study and analyze and write because I have found great value in being ahead of the curve. Illuminating the path a bit further out can provide an enormous benefit, especially if actionable ideas are the result.
So let's clear something up right away: Unless the economy collapses into a smoking deflationary ruin, there's another business cycle in front of us. Nothing ever goes straight to zero, and the most probable outcome for the future involves a whole series of wiggles going up and down. While I am confident that the distant future most likely consists of a world of less, not more, I expect we will not get there in a straight line. My belief is that there's a business cycle or two in front of us.