posted on Nov, 5 2011 @ 12:14 AM
Reply to marg6043
I pretty much agree with your sentiments. What's blowing my mind is that none of the old rules are applying. We are seeing deflation in real estate,
naturally, as it was a propped up market, but inflation in food. With all of the money being spent in wars, bailing out banks, etc,; it seems as
though none of the funds are being circulated, which would cause inflation?? So, no one has any money, but the presses are running full time.
If CME busts, what then? Highly leveraged farmers go out of business? Deflation, like the 30's?
One thing-- those with cash do not like inflation, as it decreases purchasing power.
edit on 5-11-2011 by ogbert because: (no reason given)
edit on 5-11-2011 by ogbert because: hit wrong reply button