Looks like Professor Krugman is also seeing the deflation in hyperinflation forecasts:
“A correspondent alerted me to an interesting alternative measure of inflation beyond the Billion Price Index. Those who claim that inflation is vastly understated often appeal to the authority of Shadowstats, a site that purports to provide true measures of many economic variables.
Shadowstats doesn’t come cheap: currently, an annual subscription costs $175.
Six years ago, an annual subscription cost … $175.”
If you missed my version of this see here. It’s always good for a laugh.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.