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Two Economists With Different Opinions About Future Deflation

Saturday, August 7, 2010 - 2:35 PM
When you see economists with different forecasts, you have to wonder how much guessing they do. This NY Times article has interviews with two economists who have different forecasts about the U.S. economy. One economist thinks we'll see slow growth without another recession and without deflation. Another economist thinks we are headed for a sharp slowdown in the second half of the year which could lead to deflation. If this occurs, interest rates will likely stay low for an awful long time.
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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
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