Demographics To Blame For Inescapable Deflation

September 20, 2012   |   September 2012 Bond Updates
Most investors and economic pundits see the greatest money printing operation in history and immediately assume that it must lead to inflation, or hyperinflation, somewhere down the road. We predicted this extended downturn starting back in 1989 as we saw the massive Baby Boom generation peaking in their spending cycle that started in 1983. But we also saw deflation in prices, like the downturn of the 1930s and unlike the inflationary downturn of the 1970s.

View more at: http://www.forbes.com/sites/greatspeculations/2012/09/19/demographics-to-blame-for-inescapable-deflation/
 
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