livinincali, IIRC, I asked if we ever saw deflation AND rising rates. You said we did during the great depression. But now you said we saw rate drops. Which is what I always assumed.
I’m pretty sure none of us experienced hyper inflation like in Germany or great depression in US. So none of us can say which one is better. I vote for neither to happen. If either one happens, then we’re screwed either way, so who really cares.
Being a super power and being a reserve currency I think goes hand in hand. You can’t be one without being the other. With us being both right now, it changes thing quite a bit compare to when we weren’t. But we can agree to disagree on this whole topic and since none of us have a crystal ball, we’ll just leave it at that.
