Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (387)	10/30/2001 10:25:44 AM
From: marynell	Read Replies (2) \| Respond to of 39344

The bond market wants deflation. The bond market is huge, they have powerful political leverage, and they will not allow inflation. Also, inflation is not, as is commonly claimed, due to "printing money." Money is created by bank loans, by debt expansion. When consumers and companies will no longer borrow money, then all the government stimulus in the world will not cause inflation. Look at Japan, where interest rates have been at almost ZERO for a decade, yet the Japanese cannot reflate their economy. When a bubble bursts in a modern, debt-driven economy, deflation is the result. IMHO