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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: John Vosilla who wrote (82247)5/30/2007 4:57:04 PM
From: Mike Johnston  Read Replies (1) of 110194
 
The only people who will suffer more than Brazil-americans in this debacle will be the ones who wait for deflation that never comes and get wiped out in the process.

You wait for deflation = you get wiped out in inflation

In a fiat money system the only way you will get deflation is after the money that is subject to government excess is repudiated by the general public.
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