G gnome Mar 9, 2008 #41 Quote from toc: 'ALSO WIPES OUT THE BUYING POWER OF US CITIZENS.' Once the debt is completely or pratially paid off then dollar goes back up bring with it a stronger buying power. More... You're joking, right? If not, you're totally delusional.
Quote from toc: 'ALSO WIPES OUT THE BUYING POWER OF US CITIZENS.' Once the debt is completely or pratially paid off then dollar goes back up bring with it a stronger buying power. More... You're joking, right? If not, you're totally delusional.
K killATwill Mar 9, 2008 #42 fed stats show that real interest rates are negative, which is indeed deflationary: http://delong.typepad.com/sdj/2008/03/real-interest-r.html looking at history, the best assets in deflation are supposedly near-dated notes of fiscally-responsible governments, but you'll have to wait for mr. market to tell you which currencies are best.
fed stats show that real interest rates are negative, which is indeed deflationary: http://delong.typepad.com/sdj/2008/03/real-interest-r.html looking at history, the best assets in deflation are supposedly near-dated notes of fiscally-responsible governments, but you'll have to wait for mr. market to tell you which currencies are best.
