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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 416.72+1.2%Dec 26 4:00 PM EST

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To: elmatador who wrote (61218)2/16/2010 9:33:39 PM
From: THE ANT  Read Replies (1) of 218784
 
What a bunch of crap.If you dont blow credit bubbles you dont have to worry about deflationary collapses.They are preparing the US to not freak with high inflation.They are proposing a 4-6% yearly tax on low to mid income Americans via inflation.OK with me as long as they pay something, although VAT or national sales tax is a better idea.This should put a tomb stone on housing as 6% inflation with 8-10% mortgages will put housing below their long term trend line of price/average family income.This path leads to asset real deflation even if you create asset nominal inflation.You cant fool Mother Nature or Mr Market.We are screwed!Bring it on!
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