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Good interview with the Mish

derrybderryb Posts: 37,272 ✭✭✭✭✭
in Precious Metals
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

Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards

Comments

  • jmski52jmski52 Posts: 23,049 ✭✭✭✭✭
    His view of the reasons that hyperinflation most likely won't occur explains to me what cohodk might be thinking.

    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.
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