masscraft

The Perversion of American Capitalism

You couldn't be more wrong. As money becomes cheap people will continue to spend it and drive up the costs of good. A highly inflationary period is practically inevitable.


On Nov 05 05:32 AM Rocknbob wrote:

> Mr. Sanaullah, i agree with most of your premises , except that
> part about inflation . If we proceed on the present path , we will
> inevitably end up with deflation, as money becomes cheap, it will
> be hoarded, rather than lent/ borrowed. This should counter the inflation
> you refer to, and possibly the need to invest/ hide in precious metals.