SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: bond_bubble who wrote (71384)10/8/2006 3:52:43 AM
From: TimbaBear  Read Replies (2) | Respond to of 110194
 
bond bubble

I have read your posts several times now and still don't get where you are coming from.

Are you saying there was no inflation in Argentina? Or are you saying there was hyperinflation and then the prices started to fall?

You are living in a fantasy land if you thought deflation means ALL prices fall.

Please show me where I said that all prices would fall. It is easy to construct some kind of absolute-ism and then point that it is absurd. However, that's not what I said. In fact, I've been the one asking more questions than not.

Let me ask you something then: "When we had the S&L crisis that resulted in historical numbers of foreclosures, the death of the S&L industry and the formation of the RTC to handle the sheer volume of foreclosed properties, did we experience deflation? I mean, if you guys are defining deflation as the reduction of credit, credit surely did dry up then! Where was the deflation you seem to be Oh so certain will occur this time?

Japan keeps being brought up here as well. They printed money like there was no tomorrow to try to jump start their economy. You guys define inflation as the increase in money supply, so point out where their inflation was over the last 10 years.

You guys have a good theory and it works more times than not. I've never said differently. But there are some economic situations that have occurred and possibly are occurring that just don't dovetail with your nice, neat formulations and it seems as though the deflationist camp just doesn't want to do any original thinking on the issues. They've got the answer because someone else thought it through for them and that's that.

Timba