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To: politicket
Curious about your rational. If you have the time a quick outline would be appreciated. Denninger has proven, I think, that almost all major banks are insolvent at the present time. Yet we continue to print money. Would not inflation be a more likely outcome?
44 posted on 03/27/2010 7:18:08 AM PDT by Nuc1 (NUC1 Sub pusher SSN 668 (Liberals Aren't Patriots))
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To: Nuc1

“Curious about your rational. If you have the time a quick outline would be appreciated. Denninger has proven, I think, that almost all major banks are insolvent at the present time. Yet we continue to print money. Would not inflation be a more likely outcome? “

You’re right, of course...you cannot FLOOD the world with dollars and then expect deflation. People are trying to apply the old rules here and this situation is TOTALLY DIFFERENT and a lot worse.


62 posted on 03/27/2010 7:30:56 AM PDT by BobL
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