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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (9339)3/4/2004 2:36:25 PM
From: Crimson Ghost  Read Replies (1) of 110194
 
That is my point. If they are willing to tolerate a massive infaltionary surge, they can prevent any threatening deflation. Depends on what they fear most.

Debt burdens can be reduced either by deflationary collapse or massive inflation. The latter is far more likely than the former in the American empire IMHO.
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