The Deflation Question

J.P. Morgan recently published a white paper, The Deflation Question, explaining the potential causes of deflation, possible deflationary risks facing the U.S., and why the U.S. will not suffer the same fate as Japan.

Based on fundamental research and an econometric model, Dr. Kelly of J.P. Morgan concludes that while deflation is possible, it is not probable based on the projected scenarios for many of the components of deflation.  Please click here to download a copy of the paper.