sheridan

The American Crisis and the Case for an Inflationary Depression

Foreign governments have not reduced tehir purchase of US Debt -yet in fact China is increasing purchases in a desperate attempt to support their own economy- that is what Paulson was doing over there earlier this week.
Also, why does everyone use the word deflation and not dis-inflation?
hard assets were over-inflated and must revert to their true value.
If your house went up 100% in 5 years, it should go down to reflect a 30%ish appreciation level over that same time period. I would not call that deflation.