ECRI: Economic Recovery Not Yet in Sight [View article]
Mr. Hand sir, it seems crystal clear we will be seeing deflation for some time to come, deflation as defined by low demand, over-supply, prices falling. The only way cash ( dollar cash ) is not king is if the dollar is devalued versus other fiat currencies, due to printing money yada yada , you know that argument. My opinion is no one wants that to happen; the Chinese, the Saudis, all for their own reasons, so.... Is cash king?
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Mr. Hand sir, it seems crystal clear we will be seeing deflation for some time to come, deflation as defined by low demand, over-supply, prices falling.
Jan 11 09:16 am
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All Comments by patio »ECRI: Economic Recovery Not Yet in Sight [View article]
The only way cash ( dollar cash ) is not king is if the dollar is devalued versus other fiat currencies, due to printing money yada yada , you know that argument.
My opinion is no one wants that to happen; the Chinese, the Saudis, all for their own reasons, so....
Is cash king?