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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (21896)7/19/1998 9:55:00 PM
From: HairBall  Read Replies (1) of 94695
 
Bobby: Now if we go into major deflation in this country. How does this country pay its debt?

Devaluation of the dollar is the only way this country can honor its debt, if the bottom falls out of the economy, for an extended period of time! (Inflate the debt away.)

The worst of both worlds, depression through inflation! Not a pretty thought!

Regards,
LG
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