США: Самый масштабный обвал корпоративных прибылей с 2008 года

Я выкладывал интервью с Виллемом, он никакой не золотопоклонник

>С учетом перегруженности ВСЕХ секторов США долгами, дефляционный коллапс для них будет гораздо страшнее веселого гиперка.    Гиперок хотя бы вернет в промышленность способность конкурировать, а дефляционный коллапс - уничтожит практически всю экономику каскадом.

Об этом же говорит James Rickards. Fed хочет inflation  и боится deflation

http://www.banking.senate.gov/public/index.cfm?FuseAction=Files.View&FileStore_id=2c5813a9-ee07-4b2d-b463-4e8eb1c4c9d3

The Goal of Federal Reserve Policy – Inflation and Financial Repression
 
Federal Reserve policy today is driven by fear of deflation and its
consequences. Deflation raises the real value of debt, which increases the
burden on debtors and eventually leads to defaults and acute stress on the
banking system. Individuals and institutions increase cash holdings since the
value of cash increases in deflation. This creates a liquidity trap and can cause
economic activity of all kinds to slow sharply.

The Fed insists this deflationary dynamic must be avoided at all costs in a
healthy economy. This was the lesson of the Great Depression of the 1930’s as
understood by Chairman Bernanke and other scholars.
 

 
If deflation is the enemy, it follows that the goal of policy is to create inflation.
This is difficult to do because policy driven inflation is muted by the deflation that
comes from deleveraging. Therefore, the Fed must go to progressively greater
lengths to cause inflation. Measures include (a) cutting interest rates, ultimately
to zero, (b) quantitative easing, i.e. printing new money through the purchase of
securities, (c) extending the average maturity of the Fed’s balance sheet by
selling short-term securities and using proceeds to purchase longer-term
securities and (d) importing inflation from abroad by cheapening the exchange
value of the dollar to increase the price of imports, e.g. starting “currency wars"