Sunday, August 31, 2014

Is Inflation Really Dead? — Pat Regnier interviews Paul McCully

We put the question to Pimco Chief Economist Paul McCulley, who explains why you don't have to worry about rising prices—and why Forrest Gump was a great economist.
Time — Money
Is Inflation Really Dead?
Pat Regnier interviews Paul McCully

1 comment:

Roger Erickson said...

link?

http://www.gurufocus.com/news/276343/paul-mcculley-wonders-if-inflation-is-really-dead

gotta appreciate this statement:

"in the days of Paul Volcker at the Fed in the early 1980s, inflation was considered the No. 1 problem. Now I’m not even sure it’s on the top 10 list, but it for darned sure ain’t No. 1."