Home Forums Classifieds Blogs Today's Posts Search Social Groups



  
SIGN-UP
Notices

Glock Talk
Welcome To The Glock Talk Forums.

 
  
 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 02-07-2013, 12:24   #33
beforeobamabans
FYPM
 
beforeobamabans's Avatar
 
Join Date: Jan 2009
Location: Crossroads of America
Posts: 5,592
The interesting thing about deflation is, it benefits those who do the exact opposite of inflationary defensive tactics. Because this generation has never experienced deflation, everyone will be deep in trouble before it dawns on them that this ain't inflation (witness tactics discussed above). In deflation, your dollar buys more tomorrow than it does today so cash is king. Debt is anathema because you will pay off a loan with increasing valuable dollars. This is why the indebtedness of our government and our private sector will be a stubborn problem for at least a decade, maybe two.

The only way out will be real austerity.
__________________
G17, G26, G30SF, Gen4 G23

"They that can give up essential liberty to obtain a little temporary safety deserve neither safety nor liberty." Ben Franklin

Last edited by beforeobamabans; 02-07-2013 at 12:27..
beforeobamabans is offline   Reply With Quote

 
  
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump




All times are GMT -6. The time now is 17:19.




Homepage
FAQ
Forums
Calendar
Advertise
Gallery
GT Wiki
GT Blogs
Social Groups
Classifieds


Users Currently Online: 1,103
327 Members
776 Guests

Most users ever online: 2,672
Aug 11, 2014 at 2:31