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Menta"But I believe that crisis will be deflation."I believe...

  1. timber1956
    7,423 Posts.
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    26/10/12
    16:56
    Post #: 10917564
    Menta

    "But I believe that crisis will be deflation."

    I believe that the crisis is deflation. Deflation is destroying bank captial. Deflation is depressing the price of gold.

    It is odd that Draghi is warning against deflation while promoting the austerity policies that is causing deflation.

    Peter Schiff is "away with the pixies".
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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