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To: djsherin
There are many deflationary factors to be sure, but the central planners are trying very hard to prevent the necessary corrections in the economy from taking place, and thus trying very hard to cause inflation.

Bingo.

ALL of the central planners (international bankers, Western governments) want inflation. They need it to sustain themselves. Therefore it will happen. This isn't "Japan."

It's happening already. Despite the fact that the few who are qualified to borrow money won't (and the rest can't), interest rates are going up. Few are lending, few are borrowing. Few want to "buy" money, yet the price of "buying" money (i.e. interest rates) is going up.

34 posted on 06/22/2009 10:18:26 PM PDT by AAABEST (And the light shineth in darkness: and the darkness did not comprehend it)
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To: AAABEST
"It's happening already. Despite the fact that the few who are qualified to borrow money won't (and the rest can't), interest rates are going up. Few are lending, few are borrowing. Few want to "buy" money, yet the price of "buying" money (i.e. interest rates) is going up."

That's deflationary, not inflationary. Higher interest rates and a higher cost to borrow discourages borrowing and discourage spending.

Deflation.

35 posted on 06/22/2009 10:27:36 PM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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