Inflation or Deflation ?

Discussion in 'Trading' started by dotslashfuture, Jul 15, 2002.

  1. If you are the owner of either cash or securities, or if you have debt of any kind, or if you work for a living, this issue will effect your life.
  2. Mike777



    I discussed this with a group of people at work today. Us Europeans are mystified by the level of average personal debt that US families carry. It is way more than we could stomach.
    When I lived in the states I had a friend who bought a $17k boat on his credit card.:eek:
    CNBC reported the other day that the national debt is = $66k per household. Not much wiggle room for fiscal correction there.
    It seems that the saviour is continued productivity gains so I for one hope it maintains positive.
  3. mike, there are americans that are mystified by the current debt levels as well. What I am thinking about mostly is will we simply inflate our way out of it or not?