SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lucky Lady who wrote (14998)7/29/1998 1:10:00 AM
From: PaulM  Read Replies (1) of 116759
 
Hi Lucky Lady. That's been the $64000 question for some time now.
Day after day we're led to believe the choice is (1) slow growth/no growth and deflation or (2) the "overheated" inflationary economy. IMO America is likely to experience the worst of both at the same time (slow or no growth and higher prices).

As I see it, when lots of bad debt is liquidated losses are naturally spread among creditors and debtors as paper assets are wiped out (deflation). But govt bailouts financed by money creation will spread some of those losses to currency holders (inflation).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext