Hi Pezz,
<<Not any reason for an economic collapse>>
I do not see an economic collapse either, just a financially unhealthy event for my money if it was fully allocated to equity.
<<I beg to differ. Bond yield curve say "expect recovery">>
Well, if that is what bond yield are saying, then it is just as wrong as the equity market.
<<Strong dollar , productivity and slow economy say "expect no inflation">>
These were all functions of each other, in a virtuous circle, to borrow a phrase, and when it becomes clear that the circle is / may be broken, we will ...
<<...The dollars demise has been predicted on this thread often but...>>
what ... we are only waiting.
<< why the lowering of FED will help, at all ... It has helped in the past has it not?>>
Do not live in the past. Look forward. Look Japan. Look and see that 250 basis points later, still nothing.
<<Inflation is measured as domestic price increases relative to past domestic prices.Energy is a cost component in everything. If it gets outa hand it could do more to increase inflation than anything AG will do....It is the wild card that scares me.>>
Oil going up in price would be a one time event. AG generated inflation, if successful, will be a circularity that would be difficult to gain control over without hurt.
<<BTW I continue to refuse to repent>>
I know, and thus the conversation.
Chugs, Jay |
