Thoughts from the Frontline: Tag = "Deflation"

No Soft Landings
  • June 3, 2022

No Soft Landings

“There’s no soft landing when you’re this far out of equilibrium.”

—Tom Hoenig

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Deflation Talk
  • May 28, 2021

Deflation Talk

If you could ask the world’s top central bankers what really terrifies them, I think the honest answer would usually be “deflation.” It is their greatest nightmare. They think a little inflation is good (thus the 2%+ target), and they’re confident they can subdue it if necessary. Deflation is a bigger problem.

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