Deflation

Author: A. Gary Shilling
Publisher:
Publish Date: 2000-10-01
Features: This book includes the causes of deflation, the global economy under deflation, investment strategies under deflation, and corporate and individual responses to deflation. The author's explanations are clear, concise, and easy to understand. In today's deepening market economy, this book holds significant practical relevance and guiding value. The content includes: continuously shrinking government spending; the role of central banks; ongoing structural adjustments in the U.S.; domestic mergers and foreign structural adjustments; deflationary high technology; the Internet and mass marketing; global deregulation; global resource integration and new market economies; a strengthening U.S. dollar; "Asia's infection"; the long road to Asian recovery; U.S. consumers increasing savings; the U.S. savings gap driven by a bear market ensuring the arrival of deflation.