Australia gets a mention towards the bottom of the article as well.
It is always interesting to see how outsiders view our economy.
Collateral Damage in the War of the 'Flations by Adrian Ash
"...The shooting-match between inflation in prices and deflation in assets is still a long way from won..."
WHICH WAY now for financial assets? Given what pumped them up, starting in late 2002, you're better off asking which way for money itself.
Less money would mean lower prices - the very opposite of what the world calls "inflation". And if cash becomes scarce as the gushers runs dry, so too will the hope of watching your investments rise.
