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

To: mishedlo who wrote (9108)7/12/2004 1:54:27 PM
From: Haim R. Branisteanu  Respond to of 116555
 
it seems that the K - wavers may be right - I wrote for many time on this board that we will face stagflation - it is the worst of all evils. CB's will have no choice to rise rates and return to the deflation scenario or face rampant inflation.

Very unstable situation



To: mishedlo who wrote (9108)7/12/2004 3:46:08 PM
From: russwinter  Read Replies (1) | Respond to of 116555
 
<Thoughts Anyone?>

Yes, print this statement on your forehead, and try and get on board the process:

"If central banks do not tackle inflation now, the world may be headed for the biggest redistribution of wealth in history through stagflation."

Personally I think the term "stagflation" understates it.


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