MMuoio

Deflation Is Just Around the Corner

Wow----has he got it wrong!---this is a snapshot----inflation will rule and if you doubt it prepare to lose a lot of money. Central bankers around the world have pushed more liquidity into the markets than at anytime in the history of the world. The debasement of the USD is here and big BEN will see it through. We had better move out on the risk curve or be prepared to eat you know what!

Inflation on 'Sale' as Deflation Dominates Markets

Conventional thinking in very different times. Deflation will RULE as it is the only rationale way forward---houses in the USA were simply over-priced/valued due to the moronic interest trate policy conducted by the Fed and the idiot Greenspan pressured by even dumber politicians. Big Ben has the same disease----he believes he can actually change things and get back to the condition Greenspan created. This is the last thing we should be looking for. There is a reason banks don't lend---the risk profile sucks---and they know it. We need to take our medicine and have a big sleep(2 years) and we should be well on our way to recovery. Inflate our way out and the USA dollar will NOT be the denonminator in the future for commodities and then we are really in hot doodoo!