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To: freeper12
Reasons why there will be no deflation:

1. We are the world's most powerful economy, and we have an abundant supply of paper, ink, and printing presses, so we are actually free and able to inflate as much as we need to.

2. Deflation is bad for debtors, and the US Govt is the world's largest debtor, so it has a strong incentive to inflate rather than deflate.

3. Millions of people getting disposessed from their homes is not good for politician's job security.

11 posted on 12/10/2002 7:10:04 AM PST by Stefan Stackhouse
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To: Stefan Stackhouse
Paper and ink bump.

Real deflation? Please.

The State's foolery will end in inflation, as always.

23 posted on 12/10/2002 8:00:46 AM PST by headsonpikes
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To: Stefan Stackhouse
Reasons why there will be no deflation

Will be? Sorry, that ship sailed 5 years ago. There might not be any more deflation because the Fed now, somewhat, realizes what it did to cause this mess.

Here's to reflation.

60 posted on 12/11/2002 5:28:58 AM PST by Wyatt's Torch
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