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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Giordano Bruno who wrote (289999)11/8/2010 2:35:20 PM
From: grusumRead Replies (1) of 306849
 
Bernanke is arguing that easing is needed because of deflationary concerns.

somebody should ask the economic genius what it is about deflation that's so bad.

i'll bet one answer he won't give is "it's bad because our (my) banks are on the hook for debt that can't be repaid unless the dollar gets devalued. sorry that we have to rob you again, but it's really necessary for us not to lose our asses."
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