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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (66232)6/16/2007 10:25:48 PM
From: mishedlo  Read Replies (3) | Respond to of 116555
 
Inflate And Die
globaleconomicanalysis.blogspot.com
Current thinking is the Fed must "Inflate Or Die". I propose it is "Inflate And Die". The nation's debt is increasing at the rate of $1.38 billion a day. We see the magic of compounding interest, but unfortunately what we're seeing is compounding in reverse. Is inflation helping anyone? If not, how can Inflate OR die be correct?
Mish