Quote:
Originally Posted by TheDoc
oh yeah, totally agree... they're walking a very fine line right now, at least I think so. They should just let it deflate, them forcing inflation higher and higher is just going to make the drop that much worse. Then again, maybe they can find the balance... they have for a 100 years now.
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If the US deflates, the whole civilized world is going to enter a depression that would be of a larger degree than the Great Depression.
As much as I have distaste for many things that are happening and have happened leading up to the current crisis and until today, I think the consequences of letting it deflate (collapse) are so catastrophic any attempt to "find the balance" is the only reasonable thing to do.
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