Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: GST who wrote (90151)	1/5/2008 12:47:11 AM
From: Chaka	Read Replies (2) \| Respond to of 110194

But tell me that we are on the verge of a serious period of deflation and I will laugh till it hurts. Well, those are typically folks who follow the Austrian school of economics or believe in k-winter etc. Sure, anything is possible in the long term but one cannot put food on the table based on those theories. In the near term (2008), it looks like inflation pressures in the U.S. are subsiding (another data point support, though somewhat distorted, is the U.S. 10yr treasury yield). How the fed and consumers react, how the rest of the world respond, etc. will determine how those pressures evolve over the long term.

To: GST who wrote (90151)	1/6/2008 6:02:22 AM
From: Handlarz Piotrek	Read Replies (1) \| Respond to of 110194

I think everyone should pray for Mish's scenario to come to pass. We should pray for the mother of all deflations. An ultra deep, horrific, catastrophic, terrible Grand Deflation of biblical proportions that would make our standard of living soar. I would love to purchase some waterfront real estate in Florida for 50K, i would love to pay 80 cents for a gallon of gas, i would love to get a haircut for $3, i would love to get a set of brand new wheels for 5 grand and get a $5 good restaurant meal. I have a feeling that some day we will be lucky to pay those prices. Unfortunately it will probably happen only after 3 ending 0's are chopped off of every price and every dollar bill, just as it has happened last week in Venezuela. -g-