View Single Post
Old 05-21-2010, 07:06 AM  
The Demon
Confirmed User
 
The Demon's Avatar
 
Industry Role:
Join Date: Apr 2003
Posts: 7,336
Quote:
Originally Posted by wig View Post
Yup... It's really just a matter of what you expect in the near-term.

If you see deflation as a result from a continuing contraction of credit, the pressure on the dollar will not be there until the unwinding of the debt is over.

Then, I think we agree what will likely happen to the dollar.
Some people see a deflationary spiral coming for the double dip depression, I'm on the side of Paul and Schiff. I see inflation, high inflation, and then hyperinflation.
__________________
Greed is Good
The Demon is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote