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Napanee, Ontario | "Martin just thinks our government will not go to those lengths to cause this loss of confidence, and he may be right."
And that is exactly where I think he is wrong. IF nothing else, the track record of the last 6 years should be indication of what lengths they will go to, and will continue to go to.
This is the problem I have with many of the deflationist proposals. They work if what is happening, isn't actually happening. But it is happening. They are printing, debasing, and from all accounts that I surmise, will continue to do so. Boj has said just that, so has the FED. They are TARGETING inflation. Their actions support this, and they will continue to attempt to achieve that end.
Edited by OldMcdonald 1/30/2015 13:17
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John - inflation/deflation - probably one after the other
