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Recent Posts

Casino Capitalism and Financial Recklessness: Obama Has Missed …

And now we are headed down one of two frightening roads—massive deflation or hyperinflation. Neither will be pleasant. Hyman Minsky —an economist largely ignored during his lifetime and now held up as something of a … [...]

Can inheritance taxes prevent deflation? | vox

However, there is no guarantee of success, as the Japanese experience shows. A longer-term perspective for fighting deflation is necessary. Taxation may be the best instrument for fighting deflation in the long run. At the core … [...]