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Any of you guys worried about DEFLATION
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<blockquote data-quote="SRBeef" data-source="post: 768113" data-attributes="member: 7509"><p>No, I am not worried about deflation. I think a long, slow, gradual improvement in economic conditions is underway. Not fast enough for some but more stable in the long run. As said above, we have a lot of folks that need to learn there is no free lunch. That is painful but a lesson well learned. You can't have tax cuts, fight two wars and increase government spending and pay for it by borrowing from China as has happened over the past 10 years without needing a correction. I believe interest rates will gradually climb, rewarding savers as they should be. I feel the folks in charge have a much better handle on things than in the past decade. jmho. Jim</p></blockquote><p></p>
[QUOTE="SRBeef, post: 768113, member: 7509"] No, I am not worried about deflation. I think a long, slow, gradual improvement in economic conditions is underway. Not fast enough for some but more stable in the long run. As said above, we have a lot of folks that need to learn there is no free lunch. That is painful but a lesson well learned. You can't have tax cuts, fight two wars and increase government spending and pay for it by borrowing from China as has happened over the past 10 years without needing a correction. I believe interest rates will gradually climb, rewarding savers as they should be. I feel the folks in charge have a much better handle on things than in the past decade. jmho. Jim [/QUOTE]
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Any of you guys worried about DEFLATION
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