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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (73425)6/17/2012 11:52:55 PM
From: DuckTapeSunroof  Read Replies (2) | Respond to of 103300
 
Re: "It'll will be a race to bottom of fiat currency, every fiat Nation Earth trying to devalue their currencies first to get an non-existant trade advantage."

Yep!

(But don't forget the basics: when V is sharply down, Velocity of money, it often counteracts the mere increase of currency help on bank books. Unless/until the money is flowed into the real economy there is no monetary inflation result.)

Dis-inflation rules for now.