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Re: Nenner Warns "Dow Is Going Back To 5,000" But "Life Is Not Going To Stop" 

By: Decomposed in POPE 5 | Recommend this post (1)
Wed, 14 Nov 18 6:46 PM | 51 view(s)
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Msg. 13323 of 62138
(This msg. is a reply to 13316 by capt_nemo)

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Nemo:

Re: “I am more worried about deflation than inflation when the economy turns down. It’s a whole different ball game than anybody thinks...”

For those of us who are retired, deflation is wonderful. Our savings will buy more. Who wants inflation? Only the government - since it causes inflation when it prints money, spends more than it can afford and increases the debt.

In a deflationary depression, money buys a lot because it's hard to come by. In an inflationary depression, money is plentiful but can't buy anything. Inflationary depressions are the worse of the two and are what we are headed for.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Nenner Warns "Dow Is Going Back To 5,000" But "Life Is Not Going To Stop"
By: capt_nemo
in POPE 5
Wed, 14 Nov 18 11:22 AM
Msg. 13316 of 62138

"I am more worried about deflation than inflation when the economy turns down. It’s a whole different ball game than anybody thinks..."

http://www.zerohedge.com/news/2018-11-13/nenner-warns-dow-going-back-5000-life-not-going-stop


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