Can the U.S. Stay Out of the Deflation Vortex?

It has already swallowed Switzerland. Is the U.S. next?

Roubini: Deflation Needs Monetary, Fiscal Policy

Deflation is like a black hole, sucking seemingly everything into itself. Switzerland succumbed to the vortex on Jan. 15 when the central bank gave up trying to keep its currency from rising—a defeat that will punish the Swiss economy by making the nation's goods more expensive on world markets. 

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