So yeh, the deflation proponents have the contrary high ground once again, and maybe this battle will be won by the last 2 or 3 of them standing some day.
Tuesday, July 5, 2011
"Deflation"... It's so 2008... so 1929
Now here's the graph that d Boys might find heartening. Problem however, is that these boyz are sent out into the desert for such vast stretches of time as to make an active, ongoing bearish/deflationary stance untenable. I mean, look how long the touts, greed heads and crooks can keep an inflationary party going (2003 to 2007 for example).
