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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (85979)9/20/2008 2:33:38 PM
From: Crimson Ghost11 Recommendations  Read Replies (2) of 116555
 
MISH:

You have argued again and again that the powers that be would never decide to inflate their way out of the debt crisis.

Until last week, looked like you were right.

Now looks like you were wrong.

If the authorities start to debase the currency we have much higher inflation and interest rates in our future even if the global economy remains weak IMHO.
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