Many of you know that we have been exploring the INFLATION VS DEFLATION ARGUMENT. Mish believes we will have deflation for a period of time. He disagrees with our other guests such as Peter Schiff who sees the rapid decline of the dollar and John Williams who says we are headed for HYPERINFLATION. This is part one of our interview that was conducted Sunday, January 4,2009. Check back soon for part 2.
Please Vist Mish's sites at
www.globaleconomicanalysis.blogspot.com
AND
http://www.sitkapacific.com/account_management.html
Sunday, January 4, 2009
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2 comments:
Much appreciated.
He is in a league of his own.
Schiff has said that it would make sense to load up on debt in anticipation of paying it off with hyperinflated dollars. He said so awhile back on one of the financial news shows he frequents.
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