Food for thought... a quote from today's Daily Reckoning article, The Hyperinflationary End Game, by Greg Canavan
We?ll leave the last word to Tony Boeckh, who is far smarter than we are.
"When the acts of borrowing and speculating push market values far beyond what is historically normal, it is time to look for the exists. Even though you may be a year or two early, the money made at the end by taking large balance sheet risk is never kept, except by luck."
- Forums
- Economics
- global inflation
global inflation, page-9
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)