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This is the benign type of deflation, not the virulently malignant kind seen in the 1930s.Mr Grant accuses the Fed of having inadvertently pursued an over-expansionary monetary policy that helped to fuel the bull market.
This is my fourth type of deflation.
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In my book The Age of Deleveraging: Investment Strategies for a Decade of Slow Growth And Deflation (John Wiley & Sons, 2010) I talk about different types of deflation.
What would concern me is a type of asset deflation that would hit the markets quite conspicuously.
However, few economists think the UK is at risk of the type of entrenched deflation that Japan has suffered from.
Secondly, the VOT procedure has yet to be standardized; currently, different types and degrees of deflation thresholds (for example, absolute StO2 of 40% or 50% versus duration of 3 minutes, 4 minutes, 5 minutes) are employed [ 13].
"My basic view is that we did a pretty successful job of putting out a severe financial crisis and avoiding a Great Depression or Great Deflation type of thing," he said.
What is the cause of deflation?
Long periods of deflation are quite rare.
Fear of deflation has loomed before.
He was a product of deflation.
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