dw57

Consumers Buy Into Disinflation

good question. and i think todays deflation is driven by the collapse of wages that has been happening for a long time. its was just covered up by easy credit. easy credit dies (as you have no doubt noticed) so now its just wages.
look out below!


On Nov 14 04:54 PM Herbert Hoover wrote:

> The Fed's printing presses are running 24/7. Deflation would be an
> even bigger disaster to the real estate market. The "public" may
> think there's disinflation but I'm willing to bet that we'll be seeing
> an inflation rate similar to the late 1970's within the next two
> years. It's the only way to save real estate.