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To: rb22982

Well for those of us who are debt free and have piles of cash, serious deflation is actually an intriguing prospect.


20 posted on 01/26/2009 9:35:50 PM PST by Chet 99
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To: Chet 99

Yep—just make sure it’s not just in one bank. I do have some gold/silver coins (small amount) as a hedge to runaway print inflation with new, larger denominated bills. I really don’t think they’ll even attempt that route as it would mean the gov’t bond would likely soar to 20-25% interest (at least) which would crush the rest of the economy that revolves on debt (corporate, commercial real estate, student loans, mortgages, etc).


21 posted on 01/26/2009 9:39:08 PM PST by rb22982
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