US Debt

Discussion in 'Markets & Economies' started by rossrulz, Jun 13, 2012.

  1. rossrulz

    rossrulz New Member

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    rossrulz, Jun 13, 2012
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  2. thatguy

    thatguy Active Member

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    Anyone even thinking deflation is on the cards should take a long look at that statement.
    Solution to to much debt is more debt, sounds pretty logical... I mean the solution to a hangover is more alcohol?! or the solution to obesity is to die?!
     
    thatguy, Jun 13, 2012
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  3. jpanggy

    jpanggy Active Member

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    I am in the deflation camp, but I also hold PM as hedge against uber inflation. Being diversified means covering most bases.
     
    jpanggy, Jun 13, 2012
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  4. Earthjade

    Earthjade Member

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    I agree - deflation.
    No matter what the financial alchemists conjure up, the sucking hole of debt is going to get bigger and bigger, regardless of the liquidity that is thrown into it.
    Inflation needs an increasing velocity of money - look at the currently velocity figure - it is falling dramatically.
     
    Earthjade, Jun 13, 2012
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  5. Lovey80

    Lovey80 Well-Known Member

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    I agree, but what will be the response to that? Surely you don't think Bernanke is going to allow that much debt to just be liquidated?
     
    Lovey80, Jun 13, 2012
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