debt-deflation

A classic definition of a depression was offered by the economist Irving Fisher in 1933, as a "debt-deflation."

Robert Kuttner: It's Not a Great Recession Robert Kuttner 2011

A classic definition of a depression was offered by the economist Irving Fisher in 1933, as a "debt-deflation."

Robert Kuttner: It's Not a Great Recession Robert Kuttner 2011

A classic definition of a depression was offered by the economist Irving Fisher in 1933, as a "debt-deflation."

Robert Kuttner: It's Not a Great Recession Robert Kuttner 2011

A classic definition of a depression was offered by the economist Irving Fisher in 1933, as a "debt-deflation."

Robert Kuttner: It's Not a Great Recession Robert Kuttner 2011

A classic definition of a depression was offered by the economist Irving Fisher in 1933, as a "debt-deflation."

Robert Kuttner: It's Not a Great Recession Robert Kuttner 2011

Last week the Bank for International Settlements called for combined fiscal and monetary tightening, lending its great authority to the forces of debt-deflation and mass unemployment.

Sheldon Filger: Belief that U.S. Is in an Economic Depression Is Growing 2010

America is one twist shy of a debt-deflation trap.

Krugman: hey, big spender 2010

With trillions in personal wealth erased, "there is little doubt that we are witnessing a classic debt-deflation bust at work, characterized by falling prices, frozen credit markets and plummeting asset values."

The Federal Reserve Abolition Act 2008

The stage was set for the staggering debt-deflation process currently underway.

The Best Hope Is Stagnation 2008

Problem: Real danger of a cascading debt-deflation spiralThe financial crisis is much more severe and much more widespread in the U.S. than in Canada.

Tragedy in the Making in Washington and on Wall Street:: The Canadian Solution 2008