Good interview with the Mish
derryb
Posts: 37,099 ✭✭✭✭✭
Mike Shedlock disusses deflation, gold and other things that matter to you and I. This man is one of the smartest economy minded individuals out there:
Mish Interview
Mish Interview
Repetition of ignorance is ignorance raised to the power two.
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He thinks that monetary inflation is the lesser of the two dangers. I'm still not convinced about that, although he makes what seems to be a good case for an intractible credit deflation scenario.
I knew it would happen.