The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: TobagoJack who wrote (90118)	1/4/2008 7:49:29 PM
From: skinowski	Read Replies (3) of 110194

wife travelled to israel, jordan, turkey, russia, and india at the time, upon graduating biz school, and by the look of the credit card tallies at the time, 6-star treatment said deflation, as in nothing was worth anything and everything was for sale, cheap I had a similar experience. That's why I keep telling people that inflation and deflation are two faces of the very same phenomenon. Just a few years ago you could buy RE in Buenos Aires for ridiculously low prices - if you paid in dollars - even as those prices were going straight up in local money. Not sure if Gold should be the only "measuring stick", or "Standard". Perhaps, we need something based on a broader basket which should include oil and energies, a sampling of "stable" currencies, etc.

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