Inflation is already in the bag: <I am still undecided on inflation vs depression, and am willing to wait for the revelation, when the biblical moment arrives>
Have you not noticed the price of gold, oil, land, houses, medical bills, government, wars?
Yes, it's true that the price of CDMA [whether terrestrial or space-based], notebook computers and wifi have fallen, along with things Made in China [which includes said CDMA]. But I can't counteract dilution of currencies completely, while Helicopter Big Ben is throwing bundles of bucks out of the helicopter and China is not just matching his efforts but doubling them and Japan is not wishing to be an also-ran.
The Deflation stream has been on the lookout for the abominable beast since the 1990s and I have laughed at the prospect of BigFoot showing up any time soon.
Uncle Al KBE avoided the biotelecosmictechdot.com attempt on deflationary depression, which had an assist from Osama though Osama's assist was a year too late. Too much market had cleared already. Now the real estate debtors are making an attempt on implosion. Will Big Ben be up to the task? So far, so good and he hasn't cut interest rates at all. Blackhawks have not been redeployed to Manhattan from Baghdad though withdrawal from Iraq is under discussion.
Mqurice |
