Gary Shilling: 5 of 7 Deflation Signs Already Here
November 4 — Economist Gary Shilling says there are seven signs of deflation, and five — financial assets, tangible assets, commodity prices, wages, and currencies — are already here.
The remaining two deflationary signs — deflation by government and the goods and services deflation that the Federal Reserve fears can't be far behind, given all the other areas where prices are already falling, says Shilling. Read more.
