Contrasting perspectives on deflation

For this weeks CentralBankNet Special Feature we present a variety of views on the threat of deflation. The well known phrase from former Fed Chairman William McChesney Martin that the job of central bankers is "to take away the punch bowl just when the party really gets going" has taken on new meaning with deflation fears as the party is far from in full swing.

Contrasting perspectives on deflation

Deflation carries no terrors for a flexible economy

From Hong Kong, Tony Latter says that despite

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