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


To: koan who wrote (80900)7/1/2008 8:10:25 AM
From: Think4Yourself  Read Replies (1) | Respond to of 116555
 
I also agree inflation followed by deflation makes sense. Mish is definitely correct that money is being destroyed it a phenomenal rate right now, in the form of housing value. The problem I see is that the deflation is hitting people in their assets and the inflation is hitting them very hard in their daily spending. It's the worst of all possible economic worlds.