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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (36640)7/22/2005 5:42:03 PM
From: jackjc  Read Replies (1) | Respond to of 110194
 
Mish you have spent considerable time on this debate and
I want to thank you. Getting a clearer understanding of
the infla/defla outcome could sure help in placing one's bets.

I expect I will be ok either way personally, but I recall
what my father said about the great depression and I know
a real long term deflation outcome would bring perhaps worse
hardship relatively as so few today are prepared for it
and have never known it or even conceived of it.