To: sickoflibs
The Great Depression was deflationary, not inflationary.
9 posted on
06/22/2009 6:55:52 PM PDT by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Southack
The Great Depression was deflationary, not inflationary.True. And this will be too, until the currency crisis hits. Which given how this govt borrows, that could happen at any time now.
13 posted on
06/22/2009 7:27:38 PM PDT by
NeoCaveman
(has created or saved 150,000 posts, sure.)
To: Southack
FDR confiscated gold and devalued the dollar in 1933. that is not deflationary.
inflation is not symptom of the problem or the recovery, it is the guaranteed government response to the problem.
25 posted on
06/22/2009 9:35:31 PM PDT by
wafflehouse
(RE-ELECT NO ONE !)
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