The Old Pawnbroker's Blog

News for Pawnbrokers and Precious Metals Dealers

Deflation?

Deflation? Depression? I certainly hope not. This article “deflates” that possibility.

“But make no mistake, deflation is only possible when a government chooses to let the money supply collapse…”

Only fault I see in this logic is that the Fed controls the money supply and not the government.

http://www.kitco.com/ind/gsavage/2015-01-08-The-Deflationary-Myth.html

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