masscraft

The Perversion of American Capitalism

You couldn't be more wrong. As money becomes cheap, history has shown that the American consumer will undoubtedly spend it, which will drive up costs of goods. An era of inflationary pressure is 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.

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.