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To: Toddsterpatriot
Inflation and deflation are not really opposites, but the two sides of the same coin. (Base metal, I might add.) Inflation or deflation are your two alternatives, when you have ruined your underlying economy with endless fiat money and an endless debt/credit consumption orgy, as the US has done.

The economy is rotten, and the choices at this point are BOTH bad.

The "solution" is sound money, and not climbing a mile out onto the flimsy branch of unlimited fiat money and debt/credit consumption.

Of course, that will have to come AFTER we rebuild from the ashes of our now-inevitable crash.

47 posted on 12/01/2005 11:45:28 AM PST by Travis McGee
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To: Travis McGee
Inflation or deflation are your two alternatives, when you have ruined your underlying economy with endless fiat money

Exactly. There is no inflation or deflation under a gold or silver standard. LOL!!

50 posted on 12/01/2005 11:54:21 AM PST by Toddsterpatriot (The Federal Reserve did not kill JFK. Greenspan was not on the grassy knoll.)
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