Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: NOW who wrote (93354)	1/25/2009 6:37:44 PM
From: Claude Cormier	Read Replies (1) of 116555

- their was temporary price delusion. home and stocks were never really worth anywhere near the 15 trillion in extra value that has disapeared overnight I agree with that. Nevertheless, when these prices come back to earth, it is still price deflation. Not monetary deflation. And the billions that were created based on this delusion, remain in the system. It basically makes the currency more fiat.

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