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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (150235)2/8/2002 2:08:40 PM
From: Terry Whitman  Read Replies (2) of 436258
 
Thanks for the thoughts Heinz. Well thought out. I hope you're wrong however- as the Great Depression 2 would be bad news for all.

Frankly, I think the deflation has just about run it's course. Inflation is coming back- that's what's probably behind the mysterious rise in gold. Smart money sees inflation on the horizon. Money pumps are running 24/7. It's all just a matter of people stepping up to eat from the trough now.

They only have one solution to exploding debt levels- print more money, and inflate out of it. Until last fall's lows in rates are broken- that's THE peak for deflation, IMO. I reserve the right to change my mind next week though. <g>

Regards,
TW
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