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This quote is just one of 9 total Lacy Hunt quotes in our collection. Lacy Hunt is known for saying 'In Japan, for example, the debt deflation started in 1990 and price deflation started in 1992 or 1993. That's what we're in for right now.' as well as some of the following quotes.
Real income growth is deteriorating because of job losses, and income growth is going to remain weak until such time as it's reversed by a tax cut, which is months away at the earliest. Then there's a huge wealth loss [from the stock market] and no pent-up demand for goods.
This quote is just one of 9 total Lacy Hunt quotes in our collection. Lacy Hunt is known for saying 'In Japan, for example, the debt deflation started in 1990 and price deflation started in 1992 or 1993. That's what we're in for right now.' as well as some of the following quotes.