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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (501539)8/6/2009 3:17:42 PM
From: tejek  Read Replies (1) of 1576901
 
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.

Last month, factory utilization was at 68%......that's at least 12 points below normal and 17 points below where things may become inflationary. There is plenty of time to put on the brakes gently. In fact, you're more in danger of becoming known as Chicken Little.
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