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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: jrhana who wrote (169)	7/13/2003 10:32:18 AM
From: jrhana	Read Replies (2) of 110194

Volcker on deflation chances <"As for the prospect of a significant deflation in consumer prices, Paul Volcker has an uncommon viewpoint: 'If I were setting odds on deflation in the U.S.,' says the former Fed chairman, 'the probability wouldn't reach 0.1%. I see no prospect of real deflation like we had in the U.S. and other countries in the 1930s.'> stockhouse.com Sorry about the indirect link, but I thought the article was interesting. I have tried a Google search to no avail, and I have also asked the poster on Stockhouse to post the link. I have an image that the path to salvation will occur one day when a Volcker type personage will appear to defend the currency. A country without a currency is nothing. We will swallow the bitter medicine and then begin to advance. I think were about 10 years away. As someone posted here things are evolving slowly.

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