Mises Daily
Author:
William L. Anderson
Online Publish Date:
[ This article was originally published August 10, 2010. ] The Paul Reveres of the economics profession are riding their horses, warning Americans, “Deflation is coming! Deflation is coming!” From Paul Krugman to Joseph Gagnon to the various mainstream news publications, the message is the same — the government needs to induce inflation now, or