There is a good case for deflation as we approach another probable recession.
John Q. Public never came out of recession, especially when you consider the
16-20 percent who are unemployed or underemployed. Thanks to the GOP crashing
America with those Wall Street deregulations in 2008, in the largest fraud con
game ever, along with the Koch Brother's stagflation is getting ready to strike
the U.S. economy, and it will be worse than it was in the 1970s, because they
want Obama to fail, this is a period in which consumer prices rise while the
economy contracts, differs from others who see the U.S headed for what's known
as a balance sheet recession, where the economy tanks but prices don't soar and
is largely a time when businesses and individuals pay off debts. Loose monetary
policies designed to kick-start growth and hiring are dead, having more
inflationary impacts that governments will admit, which will hurt bond prices.
Plus Fitch Ratings is reviewing its ratings for Bank of America Corp., Morgan
Stanley, Goldman Sachs Group Inc. and five European banks, and may downgrade all
of them. BE concerned about increased uncertainty about market and economic
Banks in particular are on notice. The people are not sheeping anymore. Yes I
said sheeping. Some bank villan somewhere just wondered if they have awakened a
sleeping giant.Banksters and corporate pirates may want to join
thier money in Switerland. We're not violent like they want to portray, but
we're not going to allow them to steal legally anymore. We can make lots of room
in jails for them.