We WERE on a deflationary downtrend the later part of '08... then the fed stepped in with TARP, asset purchases, long bond purchases, etc. I don't think the govt has the stomach for a deflationary crash so I think they're gonna print and continue to print...
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We WERE on a deflationary downtrend the later part of '08... then the fed stepped in with TARP, asset purchases, long bond purchases, etc. I don't think the govt has the stomach for a deflationary crash so I think they're gonna print and continue to print...
Jul 31 11:41 am
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