An alternative scenario: inflation AND deflation
All my predictions and calculations assume governments will intervene to re-inflate the credit bubble. My conclusion was that their efforts would ultimately be in vain as the excess currency loses its ability to generate real economic expansion in the developed nations, instead, it simply causes a plague of inflation that could threaten the viability of the entire currency system. Perhaps governments eventually return to a responsible course and a bottom is reached, perhaps they don’t. |
Highest Rated
|
