Welcome to deflationite. Over time I hope to document and comment about currently the biggest deflationary episode to effect the global economy since the great depression.
The current world financial crisis has been fascinating and I have been keeping a close watch as events have unfolded. No one can really predict what is going to happen. However, I am convinced that the world is going to go through a prolonged deflationary episode, lasting years, not months.
So what better fun for a heterodox economist with some time on his hands than to document the most significant economic event of our lifetime?
I hope you enjoy the information presented over the coming months and years.