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View Full Version : FED: Where we are, where we are headed (2009)




Bilgefisher
01-01-2009, 07:41 PM
This is a very interesting read. 2009 is going to be a tough year to say the least. But, perhaps its our chance to wake up and shine as Americans.

http://market-ticker.denninger.net/archives/689-Where-We-Are,-Where-Were-Heading-2009.html

decatren
01-01-2009, 07:49 PM
interesting...no hyperinflation, dollar strengthening? wonder what schiff would say about that. I agree on more hiding. Didn't bush meet with juntao few days ago?

tmg19103
01-01-2009, 08:22 PM
If the bailouts and stimulus "work", we get hyperinflation. If not we get stuck in a decade long deflationary trap like Japan in the 1990's. Right now all this pumping of liquidity and all the bailouts are not working. Time will tell.