{"id":910,"date":"2011-06-17T09:22:00","date_gmt":"2011-06-17T13:22:00","guid":{"rendered":"http:\/\/blog.zerowait.com\/?p=910"},"modified":"2011-06-17T09:22:00","modified_gmt":"2011-06-17T13:22:00","slug":"stagflation-fears-and-storage","status":"publish","type":"post","link":"https:\/\/blog.zerowait.com\/index.php\/2011\/06\/17\/stagflation-fears-and-storage\/","title":{"rendered":"Stagflation Fears and Storage"},"content":{"rendered":"<p>Over the last few months we have seen an increase in interest in our  NetApp support services, and the interest has turned into a lot of new  customers and orders. Based on the conversations that our staff has had   with our new customers  I think there is a combination of reasons for  the increase in our business.<\/p>\n<p>First, NetApp is  giving their  customers End of Life (EOL) notifications on a lot of equipment. For  many enterprises upgrading to new 64 bit equipment is not currently an  option in their budget plans.<\/p>\n<p>Second, there is fear in the  boardrooms of many organizations that we are in an era reminiscent of  the 1970&#8217;s stagflation.  One of my friends sent me this<a href=\"http:\/\/mercatus.org\/expert_commentary\/stagflation-creates-dangerous-position-economy\"> link<\/a> this morning which describes the concerns in his company&#8217;s executive office well:<\/p>\n<p>&#8220;With  inflation rising and GDP forecasts continuing to be revised downward,  fears of stagflation have crept back into the economy, with the economy  hovering in a dangerous position between two possible outcomes: recovery  or crash.<\/p>\n<p>Stagflation  is a sort of market purgatory, while we wait for one of two  possibilities. Either the economy will recover and we\u2019ll have inflation,  or the economy will continue to stagnate, and we\u2019ll end up with  deflation.<\/p>\n<p>While  we will eventually work our way out of stagflation, inflation is hard  to maintain if the global economy goes into a slowdown or decline. When  the economy does begin to recover, it will bring inflation.<\/p>\n<p>With  QE2, Fed Chairman Bernanke has opened Pandora\u2019s box, and once you open  the box, it\u2019s hard to control. When the banks start lending again, it  will unleash the reserves that the Fed has pumped into the economy and  there will be big inflation.&#8221;<\/p>\n<p>Whether your company is trying to maintain <a href=\"http:\/\/www.zerowait.com\/index.php\/netapp-sales-and-support\/netapp-support-zpa\">legacy NetApp equipment<\/a>,  or trying to reduce expenditures due to economic fears, Zerowait has  affordable solutions for NetApp service and support. Additionally, our <a href=\"http:\/\/www.zerowait.com\/index.php\/simplstor\/simplstor-overview\">SimplStor <\/a>is a complementary archive storage alternative which starts at just $20,000.00 for 68 TB.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the last few months we have seen an increase in interest in our NetApp support services, and the interest has turned into a lot of new customers and orders. Based on the conversations that our staff has had with &hellip; <a href=\"https:\/\/blog.zerowait.com\/index.php\/2011\/06\/17\/stagflation-fears-and-storage\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.zerowait.com\/index.php\/wp-json\/wp\/v2\/posts\/910"}],"collection":[{"href":"https:\/\/blog.zerowait.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.zerowait.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.zerowait.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.zerowait.com\/index.php\/wp-json\/wp\/v2\/comments?post=910"}],"version-history":[{"count":0,"href":"https:\/\/blog.zerowait.com\/index.php\/wp-json\/wp\/v2\/posts\/910\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.zerowait.com\/index.php\/wp-json\/wp\/v2\/media?parent=910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.zerowait.com\/index.php\/wp-json\/wp\/v2\/categories?post=910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.zerowait.com\/index.php\/wp-json\/wp\/v2\/tags?post=910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}