Inflation or Deflation; Recovery or Double Dip?

Wednesday, July 28, 2010, 8:55 AM
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Economic cross-currents are confusing retail investors and central bank policy makers alike.  We lurch from recovery to double-dip as new evidence emerges, while policy makers grapple with fears of inflation in the presence of evidence of deflationary weakness.

Confusing matters all the more, the US and Europe are heading in different intellectual directions.

In the UK and Europe, the highest bankers of the land are setting the stage for both monetary and fiscal tightening.


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