From Beijing to Federal Reserve

This article is contributed by Chitty Li He.  Ever since the rout of Chinese stock market, the financial world has been ruminating on the association between the realities of China’s economic growth and the Fed’s…

Is Deflation Really a Bad Thing for the Economy?

Most economists agree that deflation hurts the economy. They believe that deflation increases the real value of debt and decreases the income of producers, which can lead to their insolvency. Also, deflation increases the real value of cash, and…