Apoplithorismosphobia is all the Rage

10/27/2013 Mises Wire Mark Thornton

This New York Times article argues the the fear of deflation (i.e. apoplithorismosphia) is everywhere from major retail companies to the leaders of the Federal Reserve. Economist Kenneth Rogoff calls for a 400+% increase in CPI inflation for several years to come!

Here is a link to my article “Apoplithorismosphobia” in the Quarterly Journal of Austrian Economics

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