Posted by junkmaylbox on 10th of Dec 2008 at 10:09 am
rp, I see what you are saying. When people talk about inflation
or deflation, they are talking about the money supply, which is the
core issue. Money supply is shrinking, and the Fed is trying to
reverse that process. Investing in treasuries was a great
investment when interest rates were above 10% in the 1980s. As you
said, now doing that same thing is preposterous.
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rp, I see what you
Posted by junkmaylbox on 10th of Dec 2008 at 10:09 am
rp, I see what you are saying. When people talk about inflation or deflation, they are talking about the money supply, which is the core issue. Money supply is shrinking, and the Fed is trying to reverse that process. Investing in treasuries was a great investment when interest rates were above 10% in the 1980s. As you said, now doing that same thing is preposterous.