The Inundation of Debt and Its Toll on Our Economy [View article]
But what about the deflation that is being reported around the world including the US? Isn't that a potential bonanza for the Chinese and a nightmare for the Fed and Treasury?
Value of cash goes up. Wouldn't that pull rates down?
Isn't that the opposite of inflating one's debts away?
The Inundation of Debt and Its Toll on Our Economy [View article]
Value of cash goes up. Wouldn't that pull rates down?
Isn't that the opposite of inflating one's debts away?