Sentences with phrase «deflationary crisis»
That is one of the great lessons we must learn from this deflationary crisis.
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While this sounds like monetary madness, it should be remembered that Ben Bernanke, former Chair of the US Federal Reserve, urged such action on the Japanese government a decade ago to deal with that country's deflationary crisis, and referenced Milton Friedman's argument that a central bank financed stimulus via a «helicopter drop» of money could have saved the United States from the Great Depression.
The signs are everywhere of a serious deflationary crisis.
Not exact matches
Since the end of the 2007 - 2008 financial crisis, lackluster economic growth and deflationary pressures have forced many central banks to confront the limitations of conventional monetary policy.
The coming deflationary depression will involve not just the collapse of capital markets but, in addition, a cataclysmic currency crisis caused by the global destabilization of money.
Conditions in the economy are tighter now than in the aftermath of the Asian crisis, the deflationary impulse from Asian producers is no longer present and world commodity prices are rising.
The mechanisms of this international capitalist recession, the latest of which, to date, some would like to see as the first crisis of world capitalism, are well known: contraction in production and trade; deflationary trends; massive growth in the volume of loans accumulated by international banks on countries or on the major industrial and banking groups, loans which become transformed into irrecoverable debts; brutal capital withdrawals from countries by the major financial operators, which live from the revenue from parasitical investments in bonds, shares and other derivatives.
In the spring of 1931, the Federal Reserve began to expand the monetary base, but the expansion was insufficient to offset the deflationary effects of the banking crises.
@Nelson - I think it's possible that we may experience a deflationary debt crisis for reasons that are too numerous to mention here.