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Old 07-03-2012, 06:12 PM   #2311
LessinSF
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Join Date: Mar 2003
Location: Pulling your finger
Posts: 7,122
Re: The Smartest Man is a Firedancer

Quote:
Originally Posted by Tyrone Slothrop View Post
"At some point, however, inflation will become a factor."

People have been saying this, wrongly, since 2008 -- sooner or later, they have to be right, but there's no sign of it yet.
I have admiited to being wrong on this because I did not fully comprehend the amount of deleveraging that would occur, and apparently still is. But pumping more fake money in is not necessarily the solution. Hangovers can only be resolved by shakes, sweats, time, and cautious rediscovery of apfelwein.

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