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To: UnBelievable who wrote (241140)5/18/2003 9:43:05 AM
From: Bid Buster  Respond to of 436258
 
Absolutly, The "deflationists" spin is that spending will contract, fact is that they won't spend because they don't have any money to spend as inflation took all the money they have.

George Paulos wrote a good piece on Financial sense..
financialsense.com



To: UnBelievable who wrote (241140)5/18/2003 11:10:53 AM
From: ild  Read Replies (1) | Respond to of 436258
 
>>>Deflation Is A Myth

In your scenario the US dollar will collapse faster than the prices will go up. Nothing happens in pure academic way. To me the coming/ongoing deflation is about squeezing the companies margins.


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