SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Claude Cormier who wrote (136602)11/15/2008 12:14:18 PM
From: loantech  Read Replies (2) of 313337
 
Claude I know there has been a debate for years on the epic thread and mishes thread about inflation and deflation but IMO it has taken an expansion of credit and money from the credit granting to produce inflation. As credit contracts and or there are defaults I think that spells deflation as the huge guarantees may not be keeping up with the current or future contractions at least for the short and intermediate terms. In the face of defaults and borrowing slowing down which is levered the opposite way in a fractional banking system just as 10 million of credit to a member bank from the fed can turn into 100's of millions of loans 10 millions of defaults can lever the other way to 100's of millions of contraction on the banks books as their phoney reserve requirements shrink.BWDIK? That is why these 3-5% mortgage defaults and 10% of people delinquent is wrecking such havoc IMO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News