[quote=sobmaz]
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?[/quote]
I don’t want to call anyone a fool, but there is a reason all of the major currencies went to “FIAT”. Between the two WW, France was the first to devalue/float its currency to stimulate manufacturing and exports. One by
