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


To: John Vosilla who wrote (62271)5/30/2006 11:44:56 PM
From: GST  Read Replies (1) | Respond to of 110194
 
Indeed, you are correct -- deflation was a possibility at that time. As for our current predicament, I do not know of any country that has completely debased its currency and borrowed to the point of insanity and was subsequently rewarded with lower prices -- how anybody could seriously believe that the risks are heavily weighted towards deflation at this point is beyond me really.