[Malesherbes]

I still think the government will eventually inflate its way out of this country's massive debts. Deflation, on the other hand, is best explained by a close reading of Steinbeck's "The Grapes of Wrath."

[mugs99]

I still think the government will eventually inflate its way out of this country's massive debts.

Printing more money lowers the value of the dollar. The Euro is now worth more than the dollar. If the Asians stop buying our bonds our economy will collapse. We've borrowed our way into a corner. Deflation is on the horizon, like it or not.
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