Quote:
Originally Posted by nmap
To get some idea of where we're headed, the book "This Time is Different" by Reinhart and Rogoff is worthwhile - particularly the second half of the book. It was recommended by Mauldin, BTW. The world is engaged in deleveraging - and we can expect another 3 years if historical norms persist.
After we work our way through this...and considering the massive printing (or, if you like, quantitative easing), yes, we'll see renewed inflation.
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Here's a good explanation of quantitative easing:
http://www.youtube.com/watch?v=PTUY1...layer_embedded
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