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<p>[QUOTE=&quot;Cloudsweeper99, post: 1436936, member: 3011&quot;]The big unanswered question is whether the massive debt load will turn out to be inflationary or deflationary.&nbsp;&nbsp; One possibility is that they will just print enough money to pay down the whole thing, and gold will go to the moon.&nbsp; Another possibility is that they won&#039;t, and the debt burden will remain a drag on the economy for a long time.&nbsp; And a third possibility is that there will be increasing numbers of debt defaults - first private and then public, crashing markets, and the dollar will go to the moon as the mad scramble takes place to get liquid enough to pay down the debts.</p><p><br /></p><p>I don&#039;t think there are more than 100 people in the world who currently know what policy decisions are planned.&nbsp; I doubt that any of them are here at CoinTalk.&nbsp; My personal view is that there is still about a 50/50 probability of either inflation or deflation.&nbsp; Of course that&#039;s no help in deciding what to do today.&nbsp; That&#039;s why I&#039;m just standing pat with what I own - waiting for additional clues.[/QUOTE]</p><p><br /></p>

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