Deflation Treatment: Stabilize Symptoms, then Address the Cause

Deflation: The Failed Macroeconomic Paradigm Plumbs New Depths of Self-Parody by William K. Black, New Economic Perspectives Patient bleeding out? Don’t treat the bleed; keep the crash cart nearby Imagine you were a doctor in the ER when a patient was brought in presenting symptoms indicating a likely internal bleed. Here are the two critical …