tag:blogger.com,1999:blog-20855139.post3712875957918519613..comments2009-05-29T09:41:05.368-07:00Brooke Fogedhttp://www.blogger.com/profile/00575900135064526418noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-20855139.post-32075001490358038522009-05-29T09:41:05.368-07:002009-05-29T09:41:05.368-07:00Can "It" happen here? Last fall I wrote a piece for Economists Voice comparing the present threat of deflation with the situation that Bernanke saw in his famous 2002 speech. You can find it by following this link: http://www.bepress.com/ev/vol5/iss7/art3/<br /><br />Now the situation has evolved to the point where the question is, Will the Fed will be able mop up all the new liquidity it has created when the reconvery starts?<br /><br />Deflation has become so topical that I am including an expanded section on it in the new 4th edition of my textbook (Introduction to Macroeconomics, BVT Publishers). If anyone would like to comment on an advance draft of this material, please contact me via dolanecon-at-gmail-dot-com.<br /><br />Ed DolanEdhttp://www.blogger.com/profile/08757995049056872214noreply@blogger.comtag:blogger.com,1999:blog-20855139.post-34709218094277771682009-05-01T05:19:00.000-07:002009-05-01T05:19:00.000-07:00The link for the CPI rates shows a -0.8% change for October '08, not a -1.0% as stated in the article.Marcushttp://www.blogger.com/profile/02528142899240736204noreply@blogger.com