Category Archives: globalization

Why We’re Poorer: Inflation And Deflation Are Now Globalized

by Charles Hugh-Smith of OfTwoMinds blog, We’re being hit with a double-whammy: Wages are under deflationary pressure, and almost everything else is exposed to inflationary pressure. As correspondent Mark G. observed in Globalization = Permanent Instability, it’s impossible to understand inflation and deflation now except in a global context. Now that prices for commodities such Read More