SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Johnston who wrote (75012)12/8/2006 2:41:18 PM
From: John Vosilla  Read Replies (2) of 110194
 
'Here in the US things are totally different, most people have no significant savings, while having huge debts.Their only "assets" are a home and 401K'

How is that offset by the top let's say 5% and corporate America swimming in record liquidity and cash on their balance sheets? I agree with your other comment the only deflation we will have is in the purchasing power of your dollar the only question is the magnitude. I wrestle with those in power giving into incrementally higher inflation to bail out Joe6pack. I think they try to keep the current dynamics with negative low interest rates and ample liquidity going for as long as possible. Much higher interest rates in a short period is what would destroy our economy IMHO and totally crush Joe6pack.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext