Just because you don't have inflation, it does not auto default to deflation. We can have flat or low growth, in fact, IMF economists are projecting modest growth in 2010 and 2011. I'm trying to decide if I should invest in gold, because if there is deflation, then gold will drop big time. and speaking of treasury, does any1 has the link for the 10 yr. historical chart for the 3 mth., 2 yr., 5 yr. 10 yr. and 30 yr. yield ? Preferably all of them in 1 chart from 2000 to 2010?
He said in that PDF file, that the Fed is not printing $$ eventhough their bal. sheet is $1.2T. If so, why is it that in the FOMC min. today: