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Re: TrueFlaco post# 224261

Thursday, 04/15/2010 12:56:49 AM

Thursday, April 15, 2010 12:56:49 AM

Post# of 275619
I do have to shift my deflationary preaching podium just a touch now...

The rapid gov't spending slowed the deflationary price spiral...

Do you remember the runaway inflationary prices of the mid to late 2000's era?...That brought about pressure that companies could not make money in and led to widespread job losses...

Now if price stability holds then deflationary pressures will shift to folk's basic standard of living...

Debt of the gov't has to be paid and higher taxes will erode basic standards of living in average disposable income...

This isn't a one ride pony show...Its more like a long tradegy still seeking a climax...LJ

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