“Deflation would mean FALLING gold prices. So which is it?”
I agree, I don’t get it. Deflation means too few dollars chasing too many goods. Either I’m totally dense or this guy has no clue.
On the one hand he says that the government is printing too much money to pay its debt, which would mean INFLATION, on the other hand he says that we’re going to have deflation. UH?
>> Deflation would mean FALLING gold prices.
True, unless gold (sorry, I mean “money”, ‘cause gold’s money, y’know?) is in a bubble.
Yeah, inflation: a gigantic, hoarded pool of money with manufacturing and men hated so much, that it won’t be put to work as capital. I don’t really care as to whether we go to the big default quicker with a high international dollar or a little slower with a low dollar. Either way, there won’t be any borrowing or buying from those of us who are fed up and ready for better leadership of every kind and at every level.