It just seems to me that IF the economy is poor (as some people on this board claim), and IF interest rates were raised (I think Zeev is a proponent of this) and continued unemployement with more layoffs (which are forecast) and a continuance of "non-spending" by both big corporations (building infrastructure) AND "non-spending" by the remaining people with jobs; wouldn't an interest rate increase sort of be one of the last nails in the coffin?
Who's going to be left willing/able to BUY anything? Is that deflation or disinflation?
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