[quote=SD Realtor]Saving dollars right now is a fools game. How can anyone say policies like this are good for savers. You are better off taking your dollars and buying mud. Look at what your dollar was worth just 3 months ago compared to today.
If you look at the big picture of what is going on and how things will manifest you better start doing something better with your dollars then saving them.
FLU exactly correct, equities are/will continue to bubble EXACTLY because of what you point out. The dollar becomes more worthless.
Welter/Scaredy you have to carry out the scenario to a conclusion. If you held debt and the notes you held continue to grow weaker and weaker would continue to hold that debt until it was a shriveled up turd? Wouldn’t/Shouldn’t other nations devalue their currencies as well? Think about it….[/quote]
You wouldn’t believe the number of people who really believe that our real worry is “deflation”.
The US is populated with fools, for the most part, and if the FED says deflation is what we need to worry about people will believe it hook line and sinker.
There has only been one brief period of deflation in our FIAT history and to think it is a possibility with the “Quantitative Easings” is ridiculous.
Quantitative Easing sounds so much better than “printing money and dropping it from helicopters”, don’t you think?
