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Strategies & Market Trends : The coming US dollar crisis
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To: gregor_us who wrote (20733)6/9/2009 11:40:41 PM
From: axial   of 71474
 
"...soon the deflationists and the inflationists can smoke the peace pipe...Because we will get nasty doses of both. At the same time."

Nobody has got it right so far; no shame in that. Too many contingent variables, too fluid.

Buying time was the design, and it worked. So far global collapse has been averted. The whole process could take another year or two. Eventually, we'll work through uncertainty about how and when to dealing with clear consequences that won't soon change. We know they're coming, but we're not there yet.

Jim
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