Just a brief comment radreging the likelihood of inflation or deflation. Granted, it's an equation with many, many variables. The one weighted most heavily in my mind is the extraordinary amount of dollars recently injected into the system. This is of course, currently open ended as we've promised Europe unlimited' dollars to increase their own liquidity. Combine this then with a certain recession that will be severe and prolonged at a minimum. It seems apparent we'll have a situation with too many dollars chasing too few goods in the near and intermediate term. I would like to hear the supporting arguments for a deflationary environment. Rate this comment: 0 0

by Chetkaya 12:40:23 AM 2012.12.09