erniem

Inflation vs. Deflation: Pick Your Poison

As always, the truth lies between the extremes. I suspect Deflation over the next 2-5 years, as the Fed fairly carefully watches and regulates inflation. Once the toxic waste is eliminated, the Federal Govt has taken most of the hit, Goldman Sachs is up to $900 a share, and banks are again fairly healthy, the hens will come home to roost. And interest rates will rise, rise, and rise, as the underlying Federal debt has not been eliminated, but has grown continually, and NO ONE will want to finance it further.