stuffthatmatter
Joined 17 years ago
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Joined 17 years ago
As far as deflation is concerned, there's deflation in things we want (houses, cars, luxury items), and inflation in things we need (food, oil, gas, utilities).
Until hyperinflation hits, of course.
You are drinking alot of government kool-aid. Keep watching CNBC.
For a brief summary, check this link http://www.usdebtclock.org/
The link doesn't include US company debts (10T), or derivatives owed to other countries (200T)
And the statistics are dramatic ....well...because they are. That's how bad things are.