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

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To: mishedlo who wrote (43542)10/15/2005 8:10:16 PM
From: Win-Lose-Draw  Read Replies (1) of 110194
 
Interesting stuff, Mish. Personally I'm on the "deflation for G7" side of the spectrum, but not violently so. I've seen Wiemar mentioned a few times on this thread; while Wiemar did inflate like a MoFu, what ultimately solved their problem was a regime change to one that was willing to default on much of the debt. This would seem to support your basic scenario.

I used to think a return to the gold standard was virtually impossible, but after further consideration I've slid over a bit into the "could happen - but won't make a damn bit of difference" camp. If there is a return to the gold standard, one thing is for sure: private individuals holding gold will be well and truly f'ed.
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