why deflation would be a disaster , page-82

German finance minister sees no sign of deflation spiral in Europe

Mon Apr 14, 2014

German Finance Minister Wolfgang Schaeuble said on Monday he sees no signs at all of a deflation spiral in Europe and ECB President Mario Draghi had made a convincing case at the recent IMF meeting that Europe's low inflation held no deflation risk;

http://www.reuters.com/article/2014/04/14/us-germany-finmin-idUSBREA3D08N20140414

Dopey, so the ECB and German finance minister see no risk of deflation in Europe. Investors, advisors, analysts, money managers and commentators also see little risk of deflation. That's why the masses have been investing for inflation by buying risk assets.

I'm taking note of their comments today because I believe that they will rue them moving forward.