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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (5177)4/28/2004 3:18:08 PM
From: el_gaviero  Read Replies (2) | Respond to of 116555
 
"I prefer these two
1) more goods chasing fewer $
2) refusal of people to take on more debt regardless of how much money is printed"

Perhaps you are right, but the point (made in the article) that the FED can always create dollars seems sound to me.

If the FED has dollars, and carte blanche to spend, it should be able to find a way to get those dollars in circulation, and stop a deflationary spiral.


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