[Hugin]

In the final stages of the currency crisis, the dollar will most likely devalue not so much against the euro and the yen, but all of these currencies and most of the rest will devalue drastically against gold.

In other words runaway inflation. But weren't we just being warned that the big threat was looming defaltion? If there is anybody more fickle in predictions of gloom and doom than envirometnalists it's gotta be economists.

[AdamSelene235]

In other words runaway inflation. But weren't we just being warned that the big threat was looming defaltion?

What a head fake. I for one am outraged by the falling prices of medical care, housing, education, energy, copper, soy beans, lumber, etc. etc.

[DeaconBenjamin]

Did you ever hear of Truman's search for a one-handed economist ("On the other hand....")