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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: TimbaBear who wrote (50265)1/19/2006 2:10:24 PM
From: chainik  Read Replies (2) of 110194
 
<why Russia didn't have deflation when their currency and credit collapsed>

Because when there is a danger of genuine deflation, Central Bank will print more money. That's what Russian Central bank did in 1991. Same rubles but with 3 extra zeros. That's what is likely to happen here as well when smth hits the fan.

I am not Mish (g)
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