The Great Debate

from Commentaries:

Who’s afraid of deflation?

By Christopher Swann
August 24, 2009

christopher_swann1.jpgFor most policymakers, deflation is the stuff of nightmares -- scarier even than bank failures and stock market collapses. As the economy stumbled, deflation became Lords Voldemort and Sauron rolled into one.

The ugly attraction of fast shrinking Japan

May 21, 2009

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –

Sure, seeing your economy shrink at a 15 percent annual clip is depressing, quite literally, but if you believe in even a tepid global economic recovery in the second half, then Japan is actually attractive.

Deflation is a dangerous distraction (part 2)

November 25, 2008

John Kemp Great Debate– John Kemp is a Reuters columnist. The views expressed are his own –
For part one of this column, please click here.

Deflation is a dangerous distraction

November 24, 2008

– John Kemp is a Reuters columnist. The views expressed are his own –

John Kemp Great DebateLONDON, Nov 24 (Reuters) – For the second time in less than a decade, the spectre of deflation is stalking western economies and filling acres of newsprint. But the focus on deflation is based on a misreading of history and risks diverting attention from more pressing problems.

Fighting deflation globally ain’t easy

By J Saft
November 21, 2008

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –

With the U.S., Japan and Britain — nearly 40 percent of the global economy — facing the threat of deflation, it’s going to be just too easy for one, two or all three of them to get the policy response horribly wrong.