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All I will say is, how in the world can the US continue with finance its debt. The federal debt service, alone, is now greater than one trillion dollars, and they keep spending! How is this sustainable under any scenario whatsoever?
Deflation isn’t good for those with debt...
It’s all good. Just print more money.
duhh.. what was the head fake?
Friend took his 5 y/o daughter to Disney On Ice in Reno Thursday night.
She wanted Cotton Candy....
A single serving for a kid was -——$18.
NO Inflation?????? Not around Disney-—rampant theft.
Where did you find this? 🤑 😏
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Deflation is defied as too few dollars chasing to many goods.
About Neland Nobel This author has not written his bio yet. But we are proud to say that Neland Nobel contributed 224 entries already.
The so called experts I deal with have been mouthing on about deflation for the last 20 years I have known them. So far, I have not seen them or any others actually right about anything. The economy is much like the weather, it changes. Perhaps not randomly but mostly unpredictably in anything but the very short term which seems to be confused with some prediction of long term trend, it is not. Instead it is more like looking at an elephant through a knothole.
The only thing I see for certain is that our debt is eating us alive. It is unsustainable and growing.
This guy has 240 articles. In September he was predicting a sustained down market. Now he is retracting that prediction. I will not take the time to go back and check what else he has said. I suspect his track record is not good and no worse than other economists.