The Printing Presses Are in Overdrive [View article]
CLH - I agree inflation is not imminent, but there is one big difference between now and the 30's. Money supply contracted then it is growing at what must be a record pace right now. If the Fed runs out of ammo you will be correct, but I am not sure there is a limit to their ammo. Finally, recessions and deflation do not always go hand in hand. Example: The hyperinflation in Germany's ravaged economy of the early 20's.
The Printing Presses Are in Overdrive [View article]
Savings bonds will pay as promised. The only issue is what value the return will have when inflation kicks off. Since inflation tends to be a slow starter, it is unlikely to be a major issue before 2010.
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The Printing Presses Are in Overdrive [View article]
Finally, recessions and deflation do not always go hand in hand. Example: The hyperinflation in Germany's ravaged economy of the early 20's.
The Printing Presses Are in Overdrive [View article]
The Printing Presses Are in Overdrive [View article]
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