Jerry Khachoyan — Is The Consumer Getting Squeezed?

Some light glimmering in the tunnel of wage darkness?

The Armo Trader
Is The Consumer Getting Squeezed?

Jerry Khachoyan

Lars Syll — Debt-deflation and austerity

Some of my readers have asked me if there really is any difference between solving the liquidity trap by lowering real wages via inflation or by lowering nominal wages. Are they not equivalent measures?

No, they are not!

Lars P. syll's Blog
Debt-deflation and austerity
Lars P. Syll | Professor, Malmo University