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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Dan3 who wrote (98114)5/30/2009 8:51:46 AM
From: Think4Yourself5 Recommendations  Read Replies (2) of 116555
 
Looks like we might soon have the answer as to whether we see deflation or inflation. We have a very interesting scenario developing, with both inflationary and deflationary forces at work. Inflationary forces are driving up the prices of just about everything as people try to get away from the USD due to all the reckless printing and spending. At the same time we have deflationary forces in that people have no control over wages, and are losing jobs en-masse.

Not sure how this will all end but pretty sure it won't be pretty. We will have more expensive goods looking for consumers with less money.
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