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


To: GST who wrote (75030)12/8/2006 5:15:40 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
<"A deflationary collapse requires two special factors to be present:
1. A strong or desirable currency that people are content to hold; 2. An inability by monetary authorities to create new money at will.>

Precisely correct.


LOL
Proven WRONG twice already

Mish