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Gray,
What camp are you in?
Dr. Paul Craig Roberts “So, people’s real income is falling, and if real income is falling, there can be no growth in consumer demand. . . . What can the Fed do? There’s not much they can do except print more money. That will eventually get into the economy and drive up prices. So, you are going to have no ability to buy anything because of rising prices—hyperinflation. They have created a perfect storm. There is really no way out for the Fed. They focused the economic policy since 2008 on saving four or five big banks. That’s all they have done. . . . They have used up everything to save four or five big banks.”
OR
Harry Dent’s Deflation and invest in the US Dollar.
Thanks
I’m in the inflation camp.
Doesn’t the US Dolalr go up with inflation? The Fed being forced to raise rates when you get inflation and higher interest rates means more people will dumpy stelring, euros, yen, etc, and flock to the USD to get higher saving rates?