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  • Impending Inflation? The Global 'New Deal' All but Guarantees It [View article]
    In an extended deflationary situation, how will the U.S. service its massive debt? Would it even be possible? They would probably have to print more money just for that purpose. Wouldn't the erosion of the ability to service that debt lead to a weakening of the dollar and massive price inflation?
    Beyond that, the Fed and Treasury working together should be able to get inflation back on track. They destroyed 90% of the dollar's value so far, what makes the last 10% so special?
    Oct 25 11:47 am |Rating: 0 0 |Link to Comment
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