[FoRK] History, Path Dependency and Inflation/Deflation Fears
jbone at place.org
Mon Sep 28 04:55:46 PDT 2009
Interesting paper about correlation between birth year and concerns
over deflation / inflation.
Kedrosky notes that e.g. the European and US experiences differ;
that's factors into the Fed's ability to time this thing properly.
Our bias isn't simple, and Bernanke in particular has made a career
out of focusing on one particular incident, which this both does and
does not resemble in myriad ways.
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