Re: US Economists Warn The Fed Is Setting Us Up For Deflation - International Business Times - http://www.ibtimes.com/article...
"And they all lived happily ever after! Oh wait that's not what really happen. There's an old saying that says that if you want a happy ending it depends on where you end the the story. And that's true about MORAN ZHANG story. Mr. Zhang ends the story in 1923. Does anybody know what happened six years later? That's right kiddies the beginning of what we call today "The Great Depression." Why because Harding, Coolidge, Hoover and the Fed did exactly what MORAN ZHANG so aptly described they sat on their hands!" - Paul