Stockstradr,
Thanks for the post. It is interesting. I actually agree with RP that Fed Reserve cannot print in the sense that when they monetize the debt as they did last time they did not make the debt go away. This is the key point of “debt-deflation”. In debt-deflation situation as i understand, the key problem is the distribution of debt. Fed monitizing certain debt just swap the creditors with Fed itself. But all those homedebtor , those getting into debt by “buying” a house, still have to service the debt and pay the mortage. I believe that’s his point of “Fed cannot print”.
Do you know a place online I can read all his past prediction and comments on market?
