Quote:
Originally Posted by wig
Yeah, he does not seem too interested in responding to the points I made.
I'm interested in the inflation vs deflation scenario. It seems to me that 99% of the bears (who I think are on the right side) have this dooms day scenario of dollar demise / hyperinflation even though that is not what is taking place currently.
If one is just theorizing or prognosticating on the future, that is one thing. But, if one is actually investing / trading, mistaking what is at play will be painful.
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Correct, hyperinflation isn't happening.... our eco deflated 3% last year, that's with some inflation in other areas. To me if you want the rich to be richer and the poor to be really poor, you super deflate everything. Making my house, car, tv's, everything worth nothing - that's class separation - when nothing I have is worth anything.