Comments on: Monetary Inflation the Old-fashioned Way! http://www.dailyreckoning.com.au/monetary-inflation-the-old-fashioned-way/2009/05/05/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 17:27:32 -0600 http://wordpress.org/?v=2.8 hourly 1 By: hazenyc http://www.dailyreckoning.com.au/monetary-inflation-the-old-fashioned-way/2009/05/05/comment-page-1/#comment-76767 hazenyc Tue, 05 May 2009 19:08:21 +0000 http://www.dailyreckoning.com.au/?p=5872#comment-76767 yes yes but we are deflationary right now.. the velocity of money is very low,,, personal savings is up,,, consumer & business spending is down,,, housing has not bottomed,,, car & truck sales at low low lows,,, shipping numbers terrible,,, GDP negative and will continue to be so,,, unemployment remains high,,, and so on. These pressures are negating any monetary dilution effects.. BUT all these things can be rectified, fixed and made better. When that happens there will still be all these dollars that had been created. And THAT is when we will see inflation (money devaluation-style). So we're prob a year or few off. /// yes yes but we are deflationary right now.. the velocity of money is very low,,, personal savings is up,,, consumer & business spending is down,,, housing has not bottomed,,, car & truck sales at low low lows,,, shipping numbers terrible,,, GDP negative and will continue to be so,,, unemployment remains high,,, and so on.

These pressures are negating any monetary dilution effects..

BUT all these things can be rectified, fixed and made better. When that happens there will still be all these dollars that had been created. And THAT is when we will see inflation (money devaluation-style). So we're prob a year or few off.
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