Hell, I’m rooting for inflation to retire my current debt with cheap dollars. Why, I could stop by the mortgage company with my wheelbarrow full of cash for groceries and pay off my house.
Who is buying and who is selling. Over simplify so we more ancient folk cam understand. Suppose a storekeeper buys horse shoes for say $300 per hundred pounds and of course has to mark up so as to make a little profit. A week after he receives his shipment the price drops 15%. Is that a good thing when the value of his stock in trade suddenly falls by 15%. The logger, farmer, butcher, baker, or do-whitchit maker all sees the value of his product decline, it begins with folks like FDR and whining TROLLS flooding the media with falsehoods.
Whether thou art a troll or just a funning with us, you do those of us still around from the great FDR depression no favor by falsifying facts and events.
Right Turns
Caddis the Elder
DEFLATION’S COMING, Says Gary Shilling, And It’s Going To Clobber The Stock Market
Who is Gary Shilling? Wasn’t he that whiny comedian who had that awful sitcom on HBO twenty years ago?