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« Important Books from 2012: Backstage Wall Street | Main | Do You Understand Ceteris Paribus? »

January 19, 2013


John the Cheap

I always enjoy the WTWA posts. The graph showing inflation/deflation over a long period is interesting and instructive. The price we pay to avoid ruinous periods of severe deflation (and to give the Fed some room to maneuver) is a consistent level of moderate inflation.

Jake Jang

I'm a big fan of your blog.
Trying to read everthing carefully. Thanks for the update. Have a nice weekend.

from Seoul, South Korea

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