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Strategies & Market Trends : Waiting for the big Kahuna
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To: Paxb2u who wrote (88538)7/5/2009 3:06:20 PM
From: Larry S.  Read Replies (1) of 94695
 
I'm suggesting that we will inflate as necessary to reduce the effective value of our debt - what Govs. alway do. We are not going to eliminate the deficit; though we will reduce it or create even larger problems. But, it isn't going to happen near term as revenues are falling and will continue to fall until condition change significantly. And, I don't see any reason to expect meaningful change.

Larry
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