Why the ghost of Lehman still haunts us

The great focus on deflation is the major reason why we live in a boom-and-bust world. Booms lead to busts and then central bankers go all out to avoid deflation

Related Keywords

United States ,Switzerland ,India ,China ,United Kingdom ,Swiss ,America ,British ,Tim Harford ,Addison Wiggin ,Stephend King ,Paul Volcker ,Friedman Schwartz ,Ben Bernanke ,Anna Schwartz ,Milton Friedman ,William Bonner ,Alban William Phillips ,John Maynard Keynes ,Andrew Mellon ,Philips ,Lehman Brothers ,Great Depression ,Dow Jones Industrial Average ,General Theory ,Monetary History ,Second World War ,Undercover Economist Strikes Back ,Need To Talk About Inflation ,Edward Chancellor ,Bankruptcy ,Us Fed ,