GREY:COLUF - Post by User
Comment by
JoeKoolon Jul 05, 2010 2:53pm
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Post# 17244322
RE: What happens in Deflation?
RE: What happens in Deflation?M3 money supply is already contracting at a fast rate, so I think you'll see U.S. print as much money as they have to, to stave off big deflation. You should follow guys like Jim Sinclair at jsmineset.com as he predicts there is only one way our for the west (actually only one way to delay a complete overhaul of the world's financial fiat toliet paper money system) and that is to print money like crazy, meaning gold will go to the moon.