PRESTOPUNDIT

With all due respect to Chairman Greenspan, his forecasting record is unenviable whether it comes to inflation (remember WIN buttons in late 1974?), to the economy (how long did it take him to figure out we were in a recession in 1990?), to personal recommendations (is Chuck Keating out of the pen yet?). So, when Greenspan starts to worry that inflation might be too low, I start to think that we may be near a bottom in inflation.

Paul Kasriel via Jeffrey Tucker. (Lots of good charts).