Rhett

Enlightening the Gold Bugs

Deflation or inflation? Granted, no one knows. But one thing is becoming apparent: the gov't bailouts, stimulus plans, etc. are essentially trying to replace the monstrous paper losses of the last year or so, and this obviously cannot be done because the gov't can't effectively put that much money back into the free-market system. Hence, deflation has the edge - at least in the near future. Like all things in finance, however, it's dynamic and a matter of timing, isn't it?