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what do you guys think of deflation?
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<p>[QUOTE="desertgem, post: 942187, member: 15199"]and if the business owner doesn't make enough cash, he can't support as many employees. If employees get laid off, then there will be less to buy his goods, so he has to lay off more employees, and the downward spiral continues. If a person has the reserves to meet obligations ( housing payment, current loans, food, medical expenses, etc. ) then they can survive such, but otherwise they will have to seek a life with less, and the spiral down to depression continues. Sometimes a person who thinks they have deflation proof jobs or benefits find that they fail. I was hoping we would escape it, but then lately the jobs and housing starts reports were bad, and the confidence level dropping are signs that it could come. The people who will profit are those that can wait until the price of stocks, bullion, property, etc falls so much and they have the cash to buy them. IMO.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 942187, member: 15199"]and if the business owner doesn't make enough cash, he can't support as many employees. If employees get laid off, then there will be less to buy his goods, so he has to lay off more employees, and the downward spiral continues. If a person has the reserves to meet obligations ( housing payment, current loans, food, medical expenses, etc. ) then they can survive such, but otherwise they will have to seek a life with less, and the spiral down to depression continues. Sometimes a person who thinks they have deflation proof jobs or benefits find that they fail. I was hoping we would escape it, but then lately the jobs and housing starts reports were bad, and the confidence level dropping are signs that it could come. The people who will profit are those that can wait until the price of stocks, bullion, property, etc falls so much and they have the cash to buy them. IMO.[/QUOTE]
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