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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: michaelrunge who wrote (62944)6/7/2006 11:47:40 AM
From: UncleBigs  Read Replies (1) of 110194
 
the hyperinflationist's argument seem to be that they are sure the Fed will print money like crazy to avoid deflation.

that may be true. however they will be doing so in a deflationary crisis. Fed printing to bail out the banks and prevent a total collapse of the system will be done out of desperation.

that means there is a lot of credit/asset deflation between now and then.
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