http://disqus.com/by/10sne1/enSun, 13 Sep 2009 12:23:30 -0000http://www.distressedvolatility.com/2009/03/peter-schiff-says-beware-of-inflation.html#comment-16539326<p>Thank you for that post. I looked at the video, and the wave seems very logical to me. I don't get how deflation works though. Inflation is easier to grasp for me. Either way, aren't I up a creek w/o a paddle? Or shall I say down a creek w/o a paddle?<br>My concept of this is: In inflation, that is $ inflation, getting out of the dollar would protect your egg. So I can move my egg out of the "safe" haven of a low interest bearing account, to the stock market (like in mutual funds mining metals or natural resources.) That is, according to the wave, make the move after the drop. Is that right?<br>I am not trying to get rich here, I am just trying to protect the egg. But what about deflation? Either way, don't I have dollars that aren't worth much?<br>I also don't get how gold for example, a finite commodity, loses value when the dollar rallies? Supply and demand? Man, my head is spinning.<br></p>10sne1Sun, 13 Sep 2009 12:23:30 -0000http://www.distressedvolatility.com/2009/03/peter-schiff-says-beware-of-inflation.html#comment-16516222<p>Hmmm. Interesting that so many experts continue to disagree. I have to agree with Peter Schiff, not because I am an expert, which I am NOT, but because it just seems more sensible to me. An economy is a living, breathing entity that is not entirely predictable, but is somewhat predictable. It seems obvious to me that if you create too much of something, it is less valuable. <br>And the analogy of a "shot of dope" is a pretty good one I think. There appears to be a "bottom" that we just haven't hit yet. Isn't life interesting? </p>10sne1Sat, 12 Sep 2009 18:36:33 -0000