Thursday, September 24, 2009

Julian Robertson: Inflation Risks and the United States debt blackhole...blackhole...blackhole...echos

I think he speaks reality.

Side note: It's amazing how everything we own (assets), has gone down in price (deflation); while things we consume (gas, food, utilities, etc), has gone up in price (inflation). Its a double whammy especially when you are making principle and interest payments on 'assets' based on a previously inflated price.











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