Mish Shedlock - Deflation or Inflation? Interview with the Freedom News Hour

Mike "Mish" Shedlock debates "Deflation or Inflation?" with Walt Thiessen, Gene DeNardo, and Jake Towne on PRN's Freedom News Hour. Recorded February 10, 2011.

Mish's website is at http://globaleconomicanalysis.blogspot.com/

http://freedomnewshour.com/

Category:

Education

Tags:

• mike
• mish
• shedlock
• deflation
• inflation
• global
• economy
• economic
• analysis
• jake towne
• gold
• silver
• fed
• federal reserve

[BuMbAcLaHd]

Mish's call on record low interest rates have come true. I was too dismissive of this guy before. In our messed up financial system, credit is part of the money supply. When credit contracts, that is deflation. I underestimated the importance of this.

[misterman6000]

I think deflation and deleveraging are always confused. deflation is when you have a strenghtening currency. There have been plenty of recessions since the 70's and yet we have had relentess inflation during that time period. I think we will have asset price deflation in america along with commodity price inflation. Best of both worlds

[misterman6000]

I personally think that guys like Shedlock and Robert Prechter work for the government and they are trying to sell the deflation argument to the rest of the world while governments are all preparing for hyperinflation to inflate these massive debts away!! They do not want the little guy to beat the system

[misterman6000]

@TheNick487 I personally think that guys like Shedlock and Robert Prechter works for the government and the y are trying to sell the deflation argument to the rest of the world while world governments are all preparing for hyperinflation to inflate these massive debts away!! They do not want the little guy to beat the system LOL

[JRCrowley]

Shedlock's a douchebag.

[kcirdrab]

Gold's a bubble

[dellwon]

The interest rate has been at zero for over 2 years. Do you really think that act is deflationary? NO! Its inflationary! Massive inflation is coming. Let's say an average person making around 20 g's per year, was in massive credit card debt. And lets say they had to spend at least 60% of their income to satisfy it over 50 years? Do you think he'll accomplish such a task? Of course not. The debt matters only if its a payable amount. If it's too high, its like having no debt at all!

[dellwon]

Here's the problem with Mr.Shedlock's theory. He is correct in saying that there is too much debt floating out there in the economy. But here's where he's wrong. The debt is "phantom debt." For example, my home during the real-estate bubble was almost worth twice its current value. Question, so how has that affected my life? Honestly, very little. Truth is that the money won't ever chase after the "massive debt" but real goods and services in the economy. That is why commodities are way up.

[drkevincampbell]

Search for CONTRACT PROFITS on You tube for safe investing solutions

[HammeringTruth]

Never get into a debate with Mish if you win you will disappear: Hammeringtruth vs. Mish at Hammering Truth Dot Com