Back to Deflation as Inflation Scare Ends

Hyperinflationists have now blown it twice. First, they insisted hyperinflation would happen before deflation. They were wrong. Then, during the QE2 inspired equities and commodities ramp, they said the same thing. They were wrong again.

via Mish’s Global Economic Trend Analysis: Yes Virginia, U.S. Back in Deflation; Inflation Scare Ends; Hyperinflationists Wrong Twice Over.

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