You can't stop the DEFLATION train once it starts. Japan tried for 12 years...until their bad debts were unwound, they tried everything...to no avail.
We've got quite a ways to go in unwinding...no matter what Paulson of Treasury or the Federal Reserve try to do...we're still stuck with the evaporation of trillions of dollars in debt (whether it's lost money or lost debt it's still deflation).
What will happen to the price of Gold (or Silver) when interest rates start climbing? It's a 1930 style depression we're in and it's way too soon for anything to stop the unwinding of debt. You'll see.
Submitted by Dan (not verified) on Tue, 2008/09/23 - 1:27pm »
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