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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (528504)11/12/2009 7:40:01 PM
From: i-node2 Recommendations  Read Replies (1) | Respond to of 1574682
 
.but buying because people are worried about inflation is far from the only reason given.....especially now when the specter of deflation still threatens.

NOBODY is worried about deflation at this point. Hell, the question is how to keep inflation under control without killing any recovery that MIGHT be starting to form.

When people buy gold there is one reason for it -- as a hedge against inflation. Have you looked at the dollar lately?

Maybe you're too young to know how bad inflation is. I saw what it did to my dad's business in the early 70s and saw it consume my own living in the late 80s. There is very little, economically speaking, that is worse than inflation (unemployeds at least have the government dole; victims of inflation have NOTHING).