Deflation Is Just Around the Corner [View article]
I gotta agree with this assessment. When governments worldwide are forced to "acquire" the bad debt of banks and others in order to halt the seemingly endless slide toward the "pit", it is the relentless printing of currency that is their prime implement as counterforce. When you print endless streams of currency the inevitable result would seem to be inflation.Deflation is a concern later - after the inflationary cycle....cycles out, but when that time will be is anyones' guess. My question to all is - so what does a poor boy do? Where do you park your hard-earned and diminished stash of cash as first inflation [and potentially hyper-inflation] and then deflation wreak havoc with the worlds' economies and our own private funds.Anybody????
On Dec 17 10:25 AM MMuoio wrote:
> 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!
Deflation Is Just Around the Corner [View article]
On Dec 17 10:25 AM MMuoio wrote:
> 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!