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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 (90109)	1/4/2008 6:59:27 PM
From: TobagoJack	Read Replies (3) \| Respond to of 110194

wife travelled to israel, jordan, turkey, russia, and india at the time, upon graduating biz school, and by the look of the credit card tallies at the time, 6-star treatment said deflation, as in nothing was worth anything and everything was for sale, cheap because credit and money disappeared as in deflation the fact that the locals could not afford anything with the paper they had in hand was because what they had was worthless paper, relative to what they needed to cloth and feed themselves with what afflicted them was not learnedly called inflation, but destruction of everything they valued relative to everything they needed - monetary reset, yes, inflation, not really we will soon enough learn by way of examples in california and cnbc will still be screaming 'inflation' until the bottom of deflation abyss