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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (13942)1/25/2002 5:05:41 PM
From: elmatador  Respond to of 74559
 
<<things will be more dear. Because money will be harder to make.>>

You're the first closer to the mark: Deflation is low tide that -in principle- lower all the boats. Stuff and money that buy it.



To: GraceZ who wrote (13942)1/25/2002 7:14:48 PM
From: TobagoJack  Respond to of 74559
 
Hi Grace, <<Only in nominal terms. In reality things will be more dear. Why? Because money will be harder to make.>>

I agree, and therefore we better keep the cash we have, exchange things into cash, so as to be better able to transform cash and borrowing capacity into matter later.

Remembering our conversations not so long ago, you are now scaring me silly. Are you on board with the thread script of no V-shaped recovery?!

Do you subscribe to Maurice’ Hobbitland description of events to come?

Chugs, Jay
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