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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (501461)	8/5/2009 2:18:42 PM
From: Tenchusatsu	Read Replies (4) of 1576184

CJ, I think the remedies for deflation today is going to spiral into rampant inflation tomorrow. And by "tomorrow," I'm not talking about some indefinite timeline. I'm talking like within Obama's first term, depending on how long this current recession lasts. If Obama suddenly discovers fiscal discipline by then, I would be impressed. It's not likely, though, considering that he will probably favor higher taxes and higher interest rates before he cuts a single penny from the budget. Tenchusatsu

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