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if you think we will have inflation, you might want to listen to this....

i have yet to hear anyone provide a logical counter argument to this analysis....

http://commoditywatch.podbean.com/2010/02/07/robert-prechter...




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Well I couldn't watch the audio...

but what I gather is that inflation OR deflation, government pandering to those salivating for more fiat money systems and more government intervention in the "unfree market" is destructive. Of course in the middle of the ocean a log becomes a floating life saver, and on land it becomes fire (a life saver). Preperation involves wrapping your mind not around a single scenario, but ALL of them and meditating on the myriad implications. Inflation, deflation, jump left, jump right...arguments can be laid either way, but none know because WE (and that is a collective we) don't pull the strings. I think, personally, that sooner rather than later we will watch the quick rise of carbon based exchange - fiat, thought it is, it abandons the multitude of curriencies for a single one. This will make NO safe haven for inflation or deflation possible.

So, is he right? We'll find out. Is he wrong? We'll find out. Is there time to prepare for either calamity (inflation and/or deflation) YES. Prepare folks, prepare.

Assert Your Authority

I could see short term

I could see short term deflation, but not extremely significant deflation. There's no way we're going to regain the 98% value of the dollar which was lost in the past century. Long-term the U.S. gov is going to continue on the path of destroying the dollar.

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you did not watch the video...

you are ignoring the debt that exists....

dow in triple digits does not

dow in triple digits does not mean you have deflation.
Look the government debt service is what will cause inflation.. they must print money to pay obligations. Social security, welfare, interest on the national debt,
medicare.. etc etc etc.. the Government will destroy the money. Look into a Inflationary depression. I agree with Prechter, you will see the dow in triple digits.
but you will not see 2.00 silver and 150.00 dollar gold.
He is right on some things and wrong on others. Ron Paul has this right. The government will print Money to pay its bills till they destroy the dollar.. You do not need physically printed paper dollars or banks to make loans.
the trillions of dollars of debt and the amount of money it takes to sevice that debt will kill the dollar.

“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul

you did not watch the video...

your allegations are answered there....