patio

Can Deflation Be Avoided?

dcb, as many people talking about hyperinflation as deflation.
jepittman, you quote gub'ment stats, puh-lease!


On Dec 31 03:59 PM dcb wrote:

> the idea that we will see a significant period of deflation is plain
> wrong. We aren't japan with as big a bubble to burst, and whenever
> everyone is talking bout something means it ain't going to happen.
> Remember 200$ oil. Our government is doing everything it can to allow
> banks and industry to lever up again (getting us ready to the same
> thing to happen again once more). The worry is going to be if anyone
> will turn off the money flood before we get to the 70's again. The
> market like to push things to extreme before it turns and knows that
> by doing so it can manipulate washington through fear. Remember these
> are the guys who believed speculators had nothing to do with pushing
> oil to 147$. My vote is for stagflation and a ruined currency.