Economists cannot agree on what ails the global economy

Financial Times/Megan Greene/1-13-2020

“A depressing consensus prevailed among economists at the recent American Economic Association annual meetings: the developed world is stuck with low growth, low inflation and low interest rates for years to come. Even worse, there is no consensus on why.”

USAGOLD note:  That depressing consensus – that secular stagnation is here to stay – elevates the possibility of a future stagflationary or even a deflationary event.


graphic image of black swan on yellow gold medalliion


Please see:

Gold as the portfolio choice for all seasons

This entry was posted in Today's top gold news and opinion. Bookmark the permalink.