Generational Dynamics Forum - New Site

John, your comment that the situation is completely different reminds me of a book you should read. The title is "This Time is Different". Each time governments bailout banks and companies you end up devaluing the currency (inflation not deflation). I think they have more than 100 examples. Not once...

John: "The situation today is COMPLETELY DIFFERENT from the Weimar republic situation, and there is NO CHANCE WHATSOEVER that those scenes will be repeated." Has there ever been a country with a fiat currency (not tied to gold or anything) that had any big deflation? I really think you underestimate...