How Deflation Threat Helps Policy Makers Inflate
As mentioned previously, this is a guy I like... a lot. Straight shooter and a long time pro, not given to hype or naivete. Very pleased to have the chance to post at RA.com. I will be even more pleased if/when Rick submits a post for me to post here.
As I posted once before, there are some D Boys who should be listened to. Rick is one of them. IMO Mish is another. There is nuance to their game and surviving what is in play is all about understanding nuance.
Prechter? Super smart... I learned a lot from him. But he should really try to release himself from this bugaboo about gold.
Disclosure: No positions mentioned