This is the original, original. You may need to click it to see it all.
It's worth pointing out, for those that just look at the picture here, that the terminal link given here (not the link in the Yahoo! Finance piece) is a longer essay on the current state of the Defeat of Deflation. By an Aussie, no less. Not much of a Tea Bagger axe to grind, although this and the last few governments there have been to the right of center.
As can be seen in the next chart low inflation is generally good for shares as it allows shares to trade on higher price to earnings multiples.
Finally, a highly paid pundit, albeit on the other side of the globe, gets it. Damn, but these guys are thick headed. But he, too alas, doesn't get to the heart of the matter: the CxOs of the world can't find a way to absorb all that moolah chasing yield. No real investment, no real returns, lots of bidding for "risk free" seats on the Titanic.
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