If your theories about the economy are scoffed at, wait six months and see what happens
01/27/09 14:27
Yes, six months ago, the outlooks and mindsets that were scoffed at have suddenly become fashionable after the late 2008 stock panic.
Many of the deflationists are seeing an unstoppable depression-like deflation spiral approaching.
When investment assets are sold a a sharp rate for a short period of time, prices will collapse. However, this is not deflation, as deflation is driven by a contraction in money supply.
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news If your theories about the economy are scoffed at, wait six months and see what happens; Gold Investing Strategies Blog
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