The American Empire in a Changing World


Saturday, October 13, 2012

''Rise of the $5 Pizza: Embracing deflation with 99-cent stores and discount movies''

awesome, must read.....screw inflation and screw the fed.........From

''For decades economists have warned about the dangers of deflation. The ongoing double-digit, multimarket decline in real estate prices should horrify us, we are told. Even our language has been edited to reflect this mentality; the phrase real estate recovery is a happy-sounding euphemism for a reinflation of housing prices. Yet everywhere you look, Americans are happy to do the deflation dance. ''

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