[quote=harvey][quote=CA renter]You can also look to Greece, Spain, Portugal, etc. when deflation started setting in there. What was happening to their bond markets/interest rates? And remember that those were nominal interest rates. Real rates were even higher.[/quote]
Good points. You should definitely advise the grandmas on fixed incomes to invest in bonds issued by “Greece, Spain, Portugal, etc.” After all, they pay such high rates!
[quote]You are only looking at the central banks’ *responses* to deflation.[/quote]
I’m only looking at the nonsense that is posted here because I find it to be mildly amusing.
[quote]Can you bring any actual data, statistics, facts, or logical arguments to refute what I’m saying?[/quote]
No need. You do that pretty well yourself, often within the same post.[/quote]
As always, you’ve got nothing. Why are you so insistent on broadcasting your ignorance? If you weren’t so obsessive with the personal attacks, I’d go easier on you. But you really ask for it…no, you beg for it.
