Inflating the threat of deflation?

Deflation is a favorite topic of the financial media, but are they overstating its threat? Edward Harrison discusses. Then David Beckworth, assistant professor of economics at Western Kentucky University, joins Edward to talk about Wednesday’s much anticipated decision by the Federal Reserve on whether or not to raise interest rates.

After the break, Edward takes a look at the potential for an emergency OPEC meeting as oil prices continue to flounder, and Warren Mosler, president of Valance Co., Inc., offers his analysis of the oil cartel.

Finally, in The Big Deal, RT correspondent Simone Del Rosario breaks down the government’s ongoing anti-encryption escapades as it tries to gain access to consumer smartphone data.

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