Search found 4 matches
- Thu Oct 30, 2008 4:13 am
- Forum: Finance and Investments
- Topic: Financial topics
- Replies: 29822
- Views: 15777759
Re: Financial topics
WITH RESPECT TO THE EURO All my cash (50% of my portfolio) is in X euro notes, i.e., the notes printed by the German Bundesbank. 20% of my portfolio is in German Government bonds. If the EMU implodes, there will be a flight to safety --> German notes and bonds. Just my take. Best regards, Steven
- Mon Oct 27, 2008 12:22 pm
- Forum: Finance and Investments
- Topic: Financial topics
- Replies: 29822
- Views: 15777759
Re: Financial topics
Dear John, A quote from a book on Austrian Economics: The third type of deflation we will consider results from the tightening of credit which normally occurs in the crisis and recession stage that follows all credit expansion. Just as credit expansion increases the quantity of money in circulation,...
- Mon Oct 27, 2008 11:45 am
- Forum: Finance and Investments
- Topic: Financial topics
- Replies: 29822
- Views: 15777759
Re: Financial topics
Dear John,
The Austrian School doesn't rule out a deflationary spiral.
People like Peter Schiff are a little bit obsessed by hyperinflation.
Best regards,
Steven
Belgium
The Austrian School doesn't rule out a deflationary spiral.
People like Peter Schiff are a little bit obsessed by hyperinflation.
Best regards,
Steven
Belgium
- Mon Oct 27, 2008 10:51 am
- Forum: Finance and Investments
- Topic: Financial topics
- Replies: 29822
- Views: 15777759
Re: Financial topics
Dear John, I also read the article by Ambrose Evans-Pritchard. The most important sentence to me was the following: I’m afraid this is going to have a very deflationary effect on the economy of Western Europe. It is almost guaranteed that euroland money supply is about to implode. If the money suppl...