Quote:
Originally Posted by wig
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.
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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.