Hey Bob,
I have a dictionary, and know what deflation is. Not sure what point you're trying to make there. I think you need to read what I wrote more closely. I dont recall making a flatout statement that we are headed for deflation. I actually thought I posited an intelligent reason to consider it. Sorry if you disagree.
I've been on the inflation side of this equation now for about 8 months. And yes, I'm so short in this market, I have pads on my balls. And I know that is a thorn in the side of you and many of the posters on this board. Its also the reason I've all but ceased to post here anymore.
Greenspan lowered rates to fight deflation yes, but Bernake raised them back over 5%. Was that still fighting deflation?
You say stagflation is much likelier, but you give nothing to support your position.
Your 2-3 dimension argument is specious at best, poorly explained at worst. You fail to explain any correlation between globalization advancements and moving 3 dimensional objects, whatever they are.
Good luck to you too Bob. This is my last post here. I decided a while back that I wont renew my IHub subscription this year. I'll still lurk, but I see that I am not really welcome here anymore, and contrarian arguments are taken more and more emotionally around here than ever.
Good luck to everyone here on VMC, I truly wish you all the best.
Bob
PS One last thing. Countrywide is bankrupt! And they have been since I made my prediction. They just havent admitted it yet.
"Give me Liberty, or give me... deathtotaxes"
