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Message Subject
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Why Inflation Will Trump Deflation
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Poster Handle
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Loosecannon |
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I know this is long, but its well worth the read. It may help you to invest wisly for the impending future.
Why Inflation Will Trump Deflation
Daniel R. Amerman, CFA
In this first article of a series, we will discuss why the answers to the inflation versus deflation debate won’t be found in impersonal mathematical equations – but the quite personal factors of human incentives and motivations. We will show how inflation always trumps deflation with sufficient government willpower – there is simply no contest. We will show how that willpower is already being unequivocally demonstrated today, and why the results of that willpower will ultimately likely be the annihilation of most of the value of the dollar and conventional investor assets. Quoting: Got Gold? 377160OK, I certainly agree that inflation is what we have to look forward to. And lots of it, more than in the late 70's/early 80's. And it might fix our economy at a huge cost. But what is new is the fact that two other currencies and soon a 4th will be competing with us to all undermine their currencies to maintain trade surpluses or at least reduce trade deficits. This is merchantilism all over again competing over manufacturing competitiveness and national equity erosion. The result is a globalists dream, a race to the bottom for all wages, all currencies and all living standards worldwide. At least that is one goal of globalization. It's a conundrum of epic proportions for people and labor the world over. And i see no way to overcome it. Not for us. Not on our present path.
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