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To: expat_panama

Inflation:

is nothing more than the local barkeep Watering Down the Booze
ie:
the Emission of Un-Backed Credit, the Printing and Spending of Money in excess of Receipts.

Since Obama took office we have been running 12% roughly on a Mathematical Basis.
Deflation is Good, It means the Money Changers are NOT STEALING the VALUE of your Dollar


22 posted on 10/23/2014 12:56:05 PM PDT by eyeamok
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To: eyeamok

Deflation is far far far worse than inflation. See Japan for reference.


26 posted on 10/23/2014 2:14:20 PM PDT by Wyatt's Torch
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