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To: Southack

What are you worried about, with the dollar collapsing we’ll all be rich :)


50 posted on 11/22/2010 7:44:36 PM PST by jd777
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To: jd777

What I’m worried about is systemic deflation...such as what Japan has been suffering with for the past 21 straight years.

Debt is deflationary (magic printing presses and feats of mystical wizardry aside).

Deflation, you see, kills the buy-and-hold business model...leaving only a cash-flow business model for an economy to operate on, much like losing 4 cylinders of a good V8 leaves a high Dollar sports car with half power or less.

Run up more debt: get more deflation.

At this point in Time, inflation is a fairy tale while deflation is the monster at the door.


51 posted on 11/22/2010 7:50:17 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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