zimmyzee

Bailout Bill Passes; What Happens Now?

This moron has been preaching Deflation for at least the last 3 years and probably more.

In the meantime, prices on everything have skyrocketed and now the government is printing hundreds of billions out of thin air and dumping them into the banking system.

That money will find its way into the cost of everything you need to live and prices will continue to rise.

Deflation in a Fiat money system with an infinite ability to electronically create dollars simply can't and won't happen.

The Fed balance sheet has already expanded by 30% in just a few weeks and the monetary base and gone vertical.

I fully expect stocks and commodities to stage a dramatic rally.. How many morons thought Deflation was coming when the internet boom went bust?

Case Closed.

MZM, M3 Show Flight to Safety

so skyrocketing money supply means Deflation?

LMAO!!!!!!!!!

Righto.

Does $117 oil also mean Deflation?