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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Knighty Tin who wrote (9342)3/4/2004 3:48:09 PM
From: Crimson Ghost  Read Replies (2) of 110194
 
Good point!

I still think the choice in the US will be inflation for the most part because of the terrifying experience of the 1930s. In Germany though -- where the great fear is a repeat of the runaway inflation of the 1920s -- the choice of the lesser evil might be different.

But whatever the mechanism -- LIVING STANDARDS FOR MOST WILL TAKE A BIG HIT HERE IN THE GOOD OLD USA. Get ready for some REAL class warfare -- especially if Bush is re-elected.
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