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There is MORE Coming...

#deflation #recession #depression #inflation #interestrates #dollar #bank #money #credit #economy #money #whatismoney #jeffsnider #federalreserve #liquidity

Another thoroughly disinflationary headline CPI joined for a second month by its core component. Not only that, strengthening hints of deflation are becoming more frequent in the details, too. And if that wasn't enough, China's CPI falls negative and its PPI alarmingly goes further on the bad side, too.

Eurodollar University's Money & Macro Analysis

Project Syndicate: M El-Erian…

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