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Debt and deflation
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John Burns
Posted 7/20/2009 11:25 (#781625 - in reply to #781482)
Subject: RE: Debt and deflation



Pittsburg, Kansas

I agree fully except for the nagging question of the dollar devaluation. We have had dollar devaluation all along so if the rate going forward is similar to what it has been with no surprises then what you say I believe is fully applicable. You have it nailed and I agree wholeheartedly. If the dollar goes into a tailspin then something like putting savings and surplus cash (liquid assets) might be better off in some other currency or country. Also "if" that is the case, what country or currency? Some would say China or other parts of Asia. But in a communist country? These are my current questions and concerns.

John

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