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To: Box-By-The-Riviera™ who wrote (306197)	5/1/2005 11:30:48 AM
From: maceng2	Read Replies (1) \| Respond to of 436258

I think the corporate juggernaut would also get it's wheels ripped off if real deflation set in. To refine the question a little. In a case where deflationary pressures really started to bite. Could a national government, using a basket of financial devices like increasing minimum wage and putting upward pressure on interest rates, reverse the deflationary trend? What could be the possible outcomes? I'm asking the question because I'm thinking of getting a fixed interest 1.0% below normal rate (fixed for 5 yrs then 15 yrs normal rate) mortgage. This would give me a lot of room if inflation did start to bite, but I notice that there is a fixed cost penalty that decreases to zero over five years if I want to pay the mortgage off. /edit. the creation of various black markets to counter any move by the government is one consideration. The UK has a big black market in various goods and jobs already. /edit edit. I'll ask my mortgage advisor the same question and see what the reply is too. I might not necessarily act on any advice though -g-