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  • From: "Lynda" <lurine AT softcom.net>
  • To: <homestead AT lists.ibiblio.org>
  • Subject: Re: [Homestead] Dow could close below 8000
  • Date: Fri, 10 Oct 2008 14:12:24 -0800

Well, more important at the moment would be, perhaps, the hacking of the World Bank?

Lynda
----- Original Message ----- From: "Don Bowen" <don.bowen AT earthlink.net>


> >Inflation is a constant, minimal at times but crazy at
> others.

Not always. Recessions sometimes produce periods of deflation. This one
won't. The bailout, loans, interest rate cuts, etc. are seeing to that.

Yes, deflation can and has happened but over the longer term inflation is a
constant.

The way they are fighting the current problems could very well lead to hyper
inflation. They are dumping a lot of cash on the system and running up huge
debts. The way every government in history has paid its bills is via
inflation. With the bills we have run up and the cash thrown about the next
round of inflation could be a dozy.

Don Bowen KI6DIU
http://www.braingarage.com/Dons/Travels/journal/Journal.html

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