This one scares me more than any of the other big problems caused by “hope and change”
Me too. Morris has been speaking on this for a while. $1.9 trillion deficit in 2009. We can’t get away with that I’m afraid.
>> This one scares me more than any of the other big problems caused by hope and change
It sure keeps me awake nights.
Cash is a doomed investment. That much is easy enough to understand.
but...
What to do with it?
When?
Will the onset of inflation be sudden, or will there be a ramp?
Will there be a separate, delayed bottom in other asset classes, like real estate?
Will the signs be clear? Will I miss them?
Will I jump prematurely at a *false* sign?
&etc