Gavyn Davies: Deflation is now a more serious threat than inflation |

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Gavyn Davies: Deflation is now a more serious threat than inflation |

Yet another thoughtful piece which shows just how adrift mainstream political and economic thinking in Ireland is from the ideas being touted to deal with our unprecedented economic crisis. Davies advocates PRINTING MORE MONEY. And cites the chair of the US Federal Reserve to back him up. How about it Mr. Lenihan?