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Non-Tech : Deflation
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To: Maurice Winn who wrote (501)11/10/2009 9:59:40 PM
From: JF Quinnelly  Read Replies (1) of 621
 
Yo, Mqurice.

I don't know quite what to make of ahahaha's comments.

There seems to be a war between inflation and deflation going on right now, with the main loser being the average Joe. I think we'd have a clearer case of deflation if the Fed wasn't pumping so hard and the gov't running up such an enormous amount of new debt.

The fact that we aren't currently experiencing a roaring inflation should be a clue as to how strong deflationary forces have been. My main worry is that all of this is going to wreck the dollar completely at some point. If they would just let the deflation play itself out then we wouldn't ruin the dollar as the economy tries to recover.
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