CHANGE: “The absence of inflation is forcing a wide-ranging rethink of long-held economic assumptions.” Well, either something’s holding inflation at bay and we don’t know what it is, or it’s rubber-banding and will appear to be no problem until, all of a sudden, it comes roaring in.
InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.