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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ggersh who wrote (105008)9/11/2009 4:40:36 PM
From: yoremopnhoj1 Recommendation  Read Replies (1) of 110194
 
"As for Ben, he's been playing w/1929 playbook, someone forgot to tell him it's 2009. No he doesn't, which is extremely scary!"

I wonder how the Great Depression would have turned out if in addition to all the jobs lost the average Joe would have also had to deal with rising prices instead of deflation? To me it seems Bennyboy thinks if he keeps prices from falling he has succeeded,however by my way of thinking rising prices without the increased demand normally associated with them makes a really bad economy much worse.
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