rigel

Peak Theory, Applied To Inflation

Chris B, have the credit markets not been "crashing" enough for you? Spreads have been monotonically increasing (though slowly, hence the quotes). Certainly there are companies you feel are going to survive? Why not park some of that money in corporate debt and earn a healthy interest rate?

I'll answer that question for you: because you feel like waiting for prices to come down more. Is that accurate?

Your desire to wait for a crash somewhere is a sign that you think asset prices are going to continue falling. That's a defining characteristic of deflationary times, not inflationary.