Keith Springer Critical Economic and Market Commentary Newsletter, The Case for Deflation

Sept. 3, 2010 - PRLog -- Keith Springer President of Capital Financial Advisory Services in Sacramento California Announces the Release of his Critical Economic and Market Commentary Newsletter

The Case for Deflation

SACRAMENTO, Calif. Sept. 2, 2010 – Keith Springer, President at Capital Financial Advisory Services gives expert perspective on the big question, will it be inflation or deflation?

Deflation is a general decline in prices, income, and credit.  Mr. Springer says, “right now we are seeing all three. For the last twenty years we have spent a dime for every nickel earned, and to do this we borrowed. To accommodate all this new borrowing, the shadow banking system sprang up, satisfying our thirst for more credit, more debt.  We rang up almost $18 trillion at the top of the biggest party ever.”

Now it’s time to pay the piper and actually pay off our debts, he says, either by choice or by force. “Very simply,” Mr. Springer continues, “this is no way to run a nation and certainly doesn’t lead to a robust economy.”

In an effort to ease the inevitable pain, he says, “our beloved government is borrowing at a pace that would rival that of a banana republic, and throwing the money into our economy.” Mr. Springer believes this has many thinking that this is likely to create inflation. “However,” he continues, “what many fail to realize is that the private sector is destroying capital, largely debt, more rapidly than the government can spend it. This creates deflation.”

To view more of Keith’s newsletters and to see where he is investing in this market, visit www.KeithSpringer.com and click the “Weekly Economic and Market Updates” link, email Keith@KeithSpringer.com or call (916) 925-8900

Keith Springer is President of Capital Financial Advisory Services, a SEC Registered Investment Advisory Firm, frequently provides commentary and analysis for various global and national media outlets. He has developed a proprietary process for successfully building tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.

# # #

Keith Springer presedent of Capital Financial Advisory Services, a SEC Registered Investment Advisory Firm.He has successfully built tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.