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Alasdair Macleod: Why deflation is unlikely
8:18p ET Thursday, April 30, 2015
Dear Friend of GATA and Gold:
Deflation is unlikely, GoldMoney research director Alasdair Macleod writes tonight, because central banks will be rapidly increasing money and credit as the decline in economic conditions worsens. Then gold and silver, he adds, will be seen more as money and less as commodities. Macleod's commentary is headlined "Why Deflation Is Unlikely" and it's posted at GoldMoney's Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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