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#9
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Quote:
spending a trillion dollars might be inflationary in a healthy economy but we have anything but that. i look around at depressed housing, energy, and food prices, a continuing credit problem and manufacturers unable to give product away along with hundreds of thousands more unemployed every month and i think we need to be worried about a deflation cycle. you know nobody outside the government is spending now, right? how are we going to have inflation if no one will buy anything? |