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Message: battle of the flations

battle of the flations

posted on Dec 19, 2008 07:45AM

this article explains why current monetary policy makes it certain that inflation will win out over deflation:



The economic downturn could be protracted, but that does not mean that the

deflation will be protracted. Instead, once we are through this phase, we expect to

see poor economic conditions, but against a backdrop of rising inflation. Stagflation

is a word that remains in our vocabulary.

http://www.goldandsilvernow.com/down...

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