Financial Times. The Forest Fire of Disinflation.
Financial Times, 10/25/85
Summary: I wrote this Op-Ed for the Financial times about the impact of falling Tangible Asset Inflation on the structure and value of corporate assets. You can download a PDF file of the Op-Ed by clicking on the image below or by clicking the following link. Download.
After asset owners reach the conclusion they should sell tangible assets and reinvest the proceeds in stocks and bonds they face the question, “Sell them to whom?”
I hope that you enjoy the Op-Ed and welcome your comments.