The Sarcasm Report v.59 (Musical Tribute)

Deflation Risks Not Worth Hype

Deflation may be unlikely, but if it occurred, the consequences could be dire, and not just because of the direct economic impact. It would make dollars worth even more in the future, magnifying the U.S. government's surging debt burden. That could be the unspoken fear behind all that nervous talk.

There's nothing quite like an unspoken fear to generate plenty of hype. As we all know, the unspoken word of mouth can spread like wildfire.



That Which Must Not Be Named (in Spain)

You cannot speak of a crisis. - Rafael Pacheco, October 2007

To talk about severe adjustments or a meltdown in prices is ridiculous. - David Taguas, September 2007

Look, maybe I didn't say every tiny syllable, no. But basically I said them, yeah. - Ash, Army of Darkness, 1992