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IPFS News Link • Economy - Economics USA

Mish: Flow of Funds Report Offers Hard Evidence of Deflation

06-19-2009 • Michael Shedlock / Mish

Excluding public sector borrowing (by the Treasury, government agencies, states, and municipalities), private sector credit was reduced at a mindboggling pace of $1,851.2 billion per year!

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Reported By Jack Gregson

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Mish: Flow of Funds Report Offers Hard Evidence of Deflation

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