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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: niceguy767 who wrote (19933)4/23/2009 5:53:06 PM
From: axial  Read Replies (1) | Respond to of 71427
 
ng, in Martenson's own words:

"What we experience is things going up in price, but in fact, inflation is really the value of your money going down, simply because there’s too much of it around."

Right now, there certainly isn't too much of it around. People are saving it, people aren't spending it, people don't have it.

Companies can't get it. Governments and CBs the world around are trying to pump liquidity into the economy, but they still haven't succeeded.

Credit is tight. Liquidity is low, not high. Banks are getting cheap money, but consumers and businesses are not.

By Martenson's own words, the conditions for inflation are not present.

---

But the preconditions are.

After the next couple of years and more, all that liquidity must be removed from the economy.

If it's not, THEN we'll have inflation. But we certainly don't have inflation now, and we won't have it until AFTER the stimulus starts to take effect. The evidence for inflation right now? Zero.

JMO,

Jim