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To: napscoordinator

I do not think deflation is worse, and I do not even think it would be possible to have runaway deflation in our economy. I feel that right now deflation would be a good thing for our country, but I’m only a rightwinger that went to Exeter and Harvard so what do I know.

Deflation relating to the credit markets is what the typical consensus economist fears, but as we see now, we can also lose liquidity while having inflation, which is a worse situation to be in. Short term consumer prices are not a good measure to use when judging deflation, so I can see how some TV retards might use that as a scare right now, but watch the inflation, and watch the Demon-rats take a dump on the value of the dollar. It’s probably a good time to take your dollars and make them euros.


20 posted on 11/23/2008 11:30:49 PM PST by RebelViking
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To: RebelViking

Thank you for that synopsis on deflation. I should have know the TV folks would use it as a scare tactic. Of course, I initially fell for it but luckily being a FREEPER I come to the source of truth and find out the real scoop. Thank you.


26 posted on 11/23/2008 11:53:04 PM PST by napscoordinator
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To: RebelViking
I’m only a rightwinger that went to Exeter and Harvard so what do I know.

Well, I'm a rightwinger who went to a local university, but I know you should have used "who" instead of "that" in your sentence.

Sorry, just kidding, couldn't resist.

40 posted on 11/24/2008 3:38:03 AM PST by Dawn531
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