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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (32835)2/16/2009 5:19:39 PM
From: DuckTapeSunroof  Respond to of 71588
 
(Personally, I too believe that --- with the ENTIRE WORLD shoveling out massive amounts of money to avoid the spectre of a deflationary spiral downward --- that, ultimately, whatever level of *dis-inflation* is recorded will not rise to the level of full-blown *deflation* in most nations.)

That the world learned some very important lessons in the Great Depression between the world wars... and is NOT eager to repeat same.

At least, I hope so and that is my belief.