Quote from offbyone:
I agree with the 10k but I think in 12 months we are going to be experiencing deflation not stagflation.
I agree someone else posted this so credit to them inflation>stagflation>deflation
We are moving through into phase 2 stagflation....once economy really starts to shut up shop then deflation...if that is the case FED doesn't even need to bother moving i-rates.
