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ranbotrader
Member since May 2012
188 commentaries - 1 follower

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has posted a comment on the article :

Stealing Deflation

- Steve Saville - Speculative Investor

I agree. And lets not forget that both business and government will have less debt due to inflation and more debt if deflation. America in particular is already technicallly insolvent and the last thing it needs is real interest rates or deflation. That would cause a currency reset methinks.

Commented 3215 days ago

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Beginning of the headline :If you listen to the top central bankers of the world talk for long enough you will come away with the impression that central banks are attempting to give us "price inflation", as if rising prices were beneficial. However, nobody wants to pay more for stuff. In fact, rational people prefer to pay less, not more. Therefore, when central banks claim to be giving us "price inflation" what they are really doing is stealing the "price deflation" from which we would otherwise benefit.We are told that... Read More

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