Edward Ulysses Cate

How the U.S. Financial Crisis Resembles Japan’s 'Lost Decade' - And How to Play It, Part II

The commentary and the comments are very well thought out and interesting. I'd just like to share some notes from the past:

If [further] Inflation Comes
by Roger W. Babson 1950 edition Copyrighted 1937

Quote [page 113]
If the country goes into radical inflation, with any shortage
of commodities, then commodities in storage for
speculation will be confiscated, the same as our gold was
confiscated in 1933.

Quote [page 114]
My inclinations are to follow the advice of a friend of mine,
who, on November 6, 1940, said as follows:
"Roger, the election yesterday has many meanings,
but one thing is certain; anyone who has a nickel
had better keep his mouth shut during the next four years!"

Quote [page 115]
NO INDUSTRY PROVIDES A SAFE INFLATION HEDGE.

Hope this is of some benefit.