![]() We're going to end up having asset deflation, and that's going to filter through i nto generalized deflation in the economy. "People will be surprised as the Fed shifts course and liquidity conditions tighten up. "What happens when monetary policy shifts and have the stock market and the housing market correcting at the same time? And, this is what's going to be replacing the hyperinflation view in the next year," he said. He just sees a different kind of problem facing the U.S. Rosenberg may be steering clear of the hyperinflation camp, but he's still worried about the markets and economy. "To say that they're not going to be resolved at some point, I think is actually absolving yourself of being respectful of what history tells you," said Rosenberg, who served as Merrill Lynch's chief North American economist from 2002 to 2009. ![]() He pushed out the warning last Friday on Twitter. ![]() Twitter and Square CEO Jack Dorsey is one of the latest corporate executives to sound the alarm on runaway inflation. "I'm actually rolling my eyes over the suggestion," the president of Rosenberg Research told CNBC's " Trading Nation" on Monday. ![]()
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