January 28, 2015
Sir, John Kay does the debate on the economy a great favor by helping to place “deflation” in a wider perspective than that of being a definitive falling over the precipice point; and which amazingly has so many mature men running around like scared chickens, “History is the antidote to fear of falling prices”, January 28.
I am sure that in due time, the living in times of the deflation monster, as well as the banking in times of the Basel Committee, will provide great comedy and drama material for films and musicals… as we had “Evita” our grandchildren will probably have their “Mario”.