tag:blogger.com,1999:blog-4921988708619968880.post2736834979871591283..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: Debt Rattle, April 20 2008: The camel's backIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4921988708619968880.post-7271098654635466632008-04-21T11:14:00.000-04:002008-04-21T11:14:00.000-04:00I agree with Karl Denninger that we've had the (cr...I agree with Karl Denninger that we've had the (credit) inflation during the bubble period, and what we face now is credit deflation. I also agree that credit deflation will be sufficiently devastating that even the prices of essentials will fall (at least temporarily).<BR/><BR/>However, falling prices for essentials does not mean that they will be getting cheaper. Against a backdrop of a Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-16999449699032385822008-04-21T06:33:00.000-04:002008-04-21T06:33:00.000-04:00TenThousand, Weird cosmic aligning of the stars ...TenThousand,<BR/> Weird cosmic aligning of the stars - I was in the middle of writing about Denninger's opinion on things after reading this ticker - http://www.tickerforum.org/cgi-ticker/akcs-www?post=39964 - and got pulled away (to do some actual work of all things!) When I came back you'd posted some of my thoughts.<BR/><BR/> I actually agree with much of what the poster Travisgod writes EBrownhttps://www.blogger.com/profile/02894676347259218501noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-34858942202843504682008-04-21T05:01:00.000-04:002008-04-21T05:01:00.000-04:00El_pollo:I don't think "all the goldbugs" are pred...El_pollo:<BR/><BR/>I don't think "all the goldbugs" are predicting hyperinflation followed by deflation at all.<BR/><BR/>Jim Willie at FinancialSense would say that the Fed & congress will cause severe inflation in their attempts to fight asset deflation (trillion dollar bailouts).<BR/><BR/>Eric Janzen at itulip.com has a "ka-poom theory" - deflation as debt contracts, followed by severe Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-52434183512299914202008-04-21T02:02:00.000-04:002008-04-21T02:02:00.000-04:00Found this online today, might be of interest.Cred...Found this online today, might be of interest.<BR/><BR/><A HREF="http://www.boston.com/business/personalfinance/articles/2008/04/17/credit_crisis_hits_student_borrowers/?page=1" REL="nofollow">Credit crisis hits student borrowers</A><BR/><BR/>Anthony Norton, a junior at the University of Massachusetts in Boston, just learned a tough lesson in economics:<BR/><BR/>The credit market crisis is Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-79479183322836169002008-04-20T16:03:00.000-04:002008-04-20T16:03:00.000-04:00Although the main theme of today's blog is world f...Although the main theme of today's blog is world food price inflation, I have a question for anyone with a semblance of expertise. All the goldbugs are predicting hyper inflation, particularly of the USD, followed by economic depression with hyper deflation, as last seen in the great depression. Since the inflation and deflation must be consecutive, could anyone explain to me in as much detail el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-31589564458327259362008-04-20T13:59:00.000-04:002008-04-20T13:59:00.000-04:00I couldnt add a comment earlier. Problems?I couldnt add a comment earlier. Problems?Anonymousnoreply@blogger.com