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10 Things You Should And Should Not Do During Deflation
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10 Things You Should And Should Not Do During Deflation
by deMolay » Sun 28 Jun 2009, 12:08:53
"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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deMolay - Intermediate Crude
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Re: 10 Things You Should And Should Not Do During Deflation
by DantesPeak » Sun 28 Jun 2009, 12:53:11
I think Prechter has a very astute understanding of social trends, and is mostly right in this article.
However I strongly disagree with point #9, and although not stated, I think the possibility of deflation from here out in regards to the US CPI (year over year) is about zero. Perhaps more of an immeadiate problem than costs for basic items going up is that state and local governments are raising taxes and cutting services - something which will not show up in the CPI.
However I strongly disagree with point #9, and although not stated, I think the possibility of deflation from here out in regards to the US CPI (year over year) is about zero. Perhaps more of an immeadiate problem than costs for basic items going up is that state and local governments are raising taxes and cutting services - something which will not show up in the CPI.
It's already over, now it's just a matter of adjusting.
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Re: 10 Things You Should And Should Not Do During Deflation
by Gerben » Sun 28 Jun 2009, 13:29:24
I disagree with the entire asumption that deflation is here to stay. Inflation will return with a vengeance.
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Gerben - Tar Sands
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