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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (70129)1/2/2011 11:15:41 PM
From: TobagoJack  Respond to of 218051
 
<<Deflation kills demand, production falls, unemployment soars, tax revenues fall, the populace starves, businesses fail, creditors foreclose, etc. In a word, economic activity simply stops.>>

by and by inflation does the same thing, just differently, as in

Inflation kills supply, production falls, unemployment soars, tax revenues rise but people get poorer, the populace starves, businesses fail, customers fail, creditors fail, etc. In a word, economic activity simply stops.

the shield against in-de-flation is the same, gold, or are we just talking our own book?

:0)