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Strategies & Market Trends : The coming US dollar crisis
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To: John Vosilla who wrote (7007)5/6/2008 1:36:25 PM
From: Tommaso  Read Replies (1) of 71456
 
>>>The only thing deflationists have gotten right is long term treasuries<<<

And it takes 10-30 years to find out if they even got that right. I can remember 4.5% coupon long treasuries selling for about 60% of face value, and that was not even counting in the loss of purchasing power from inflation. The term "guaranteed certificates of confiscation" is no joke.
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