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Strategies & Market Trends : ahhaha's ahs
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To: ahhaha who wrote (891)1/29/2001 1:34:55 PM
From: sea_biscuitRead Replies (1) of 24758
 
If the Fed stays out of the picture, don't you think that declining stock markets will result in a weaker economy which in turn will result in lower profits which will result in plummeting stock markets and layoffs which will result in the economy weakening further which will result in... and it will all lead to massive deflation?

And deflation = Depression. I suppose most people agree with that. It is probably better to live with inflation than to die in a Depression.
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