The top item on the list today is a PDF file of Clif Droke's latest submission A Different Kind of Deflation. I thought it was a pretty good journey through the past with input from two elderly gentlemen about the Great Depression era as compared to today's 'Great Recession' (and its policy-induced 'price' pressures).
What really caught my attention however, was the inflation/deflation sequence and timing that Droke puts forth as the sequence at least, matches my own work. As to timing, he is a few months further out for a coming deflationary melt down - into 2012. Whereas I have got an 'intermediate' deflation issue cropping up after 4 months or so of inflationary fun - culminating quite possibly with a final drink at the punch bowl and a vision of the '3 Snowmen' (888 on the HUI for gold stock traders).
But Droke and his long term cycle work agree with the premise. Interesting stuff. Take note; this party will end one day because the policy - try though the Fed may - is doomed to fail miserably. From there, I expect Jon's "great leveling of the global economic and social playing fields" to resume.
