A Case for Deflation As the Cause of Our Malaise

A Case for Deflation As the Cause of Our Malaise
(AP Photo/Marta Lavandier)

A popular catchphrase from the once-popular Game Of Thrones was “winter is coming.” Set in the fantasy world of the HBO drama, winters weren’t seasonal in the way we experience them on our Earth. Cold, yes, but prolonged in every respect. Once the temperature began to plummet, the fictional characters were meant to prepare themselves mentally for the long, harsh freezing.

Winter is coming.

The phrase has a similar meaning in the often-fantasy world of cryptocurrencies, too. Sparked by a confluence of confounding events, digital currency prices – the temperature of this universe – have indeed plummeted.

 

Read Full Article »


Comment
Show comments Hide Comments


Related Articles

Market Overview
Search Stock Quotes