Tag Archives for Stagflation

Deflation trap

Andrew Gamble

Neoliberalism will struggle to survive if western economies cannot find ways to increase demand The European Central Bank has consistently denied that there is any chance of the eurozone falling into deflation.  The ‘deceleration of prices’ in recent months has been dismissed as a temporary phenomenon soon to be reversed.  But the reality is that deflation is not going away. … Continue reading

2 September 2014 by
Categories: Economics, Finance, SPERI Comment | Tags: , , , , | Leave a comment