Friday 6 November 2009

Bias of Inflation in Valueless Assets

Unrepentent Debt Brokers and Bankers?

The fear of deflation from an asset value freefall so scared central bankers that revaluation of assets artificially through money supply creation was a jerk reaction.



The only problem now is that the jerk owns the assets and will always have a jerk reaction!
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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!