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Originally Posted by hi_im_god
getting back to the original subject...
inflation? really?
i guess i understand the concept (thanks chuck).
it's a product of a growing economy, right?
i'd love if someone can dig up this post in 3-4 years and throw it in my face. seriously.
i'd like to be wrong.
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There was an interesting article in the WSJ (big boy paper) about how Japans economy is slumping terribly (though much of this was self inflicted and has been going on for a number of years) and how that will severely negatively effect the Chinese who are their largest trade partner. This matters to us because Japan and China are by far the two largest US bond purchasers. Since our new govt has chosen to spend massive amounts of money (which will be theoretically funded by the floating of bonds) and our biggest customers look like they will not be in the market for them, they will have to instead print more money. Which as we learned before.....