26.10.10

Volcker Not Worried About Short-Term Inflation

Inflation is not a problem right now. It won't be a problem next year, it won't be a problem for several years
 I see no possibility, frankly, that a deflation will take place

Over a period of time, price stability will be conducive to a strong economy

http://www.foxbusiness.com/markets/2010/10/26/volcker-sees-short-term-inflation-problem/

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