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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Crimson Ghost who wrote (50407)5/2/2006 3:05:36 PM
From: russwinter  Read Replies (3) of 116555
 
Steve Saville has made a very wise point about the inflation/ deflation debate.>

This is no longer the debate, we are in an inflationary crack up boom, and all monetary authorities will need to act and act quickly to stem it. As the crack up boom is a very crowded, vulnerable, leveraged, and high risk trade one can only hope that they (CBs) will. Think there are signs, but enough? I've been forced to make the bet that they will, but not so sure it's the correct one. It's a bad, grave situation right now.
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