Tuesday, March 12, 2013

Japan To Hike Utility Prices By 14-19% As Inflation Surges In All The Wrong Places

The debate between inflation vs. deflation is a false choice.  This has been a running theme of mine:  with currency debasement, inflation will soar on items we need (food, energy), while deflation will materialize for things we don't need (a second car, a boat, a second home in the desert) as the economy continues to deteriorate.


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