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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: surelockhomes who wrote (8692)3/24/2008 9:43:22 AM
From: RonMerks  Respond to of 50681
 
'Our deflation will be a lot more pronounced than Japan's.'

If Bernanke drops money from helicopters- where the Japanese would stuff it under their mattresses and save it- Americans will spend it- GUARANTEED!

These guys have been crying deflation for two years- while all the inflation levered trades have soared! Commodities correct 5-10% after one of the biggest and fasest commodity rallies in history- and now the deflationists are claiming victory?

What a hoot. Mish is the chicken-little of all deflationists.

Bernanke hasn't even warmed up the helicopters yet.

Ron