“Predictions of a Bond Market Bubble are Wrong”

If you can access it, be sure to read Predictions of a Bond Market Bubble are Wrong, by David Rosenberg writing in today’s FT. It clarifies much confusion about the inflation/deflation outlook and is consistent with the periodic emphasis here on the irrational fears of inflation in the midst of a global surfeit of productive capacity. Which fears were rampant at the depths of the Great Depression.

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