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think as Sowell states. do not look at one side,look at all sides. deflation has it's strengths&weaknesses, inflation has it's strengths&weaknesses."each thing is a trade-off". If you've a typical mortgage,your first payment will hav far more buying power than your last payment. a successfully locked in future result. now it is unsecured &or uncollateralized debt,now, die w/ah negative net worth. a strange world
He probably is the greatest trader in history in terms of results
Which is unfortunate
So as much as i appreciate the history around these events I'd like Soros actions explained in layman's terms.
think as Sowell states. do not look at one side,look at
all sides. deflation has it's strengths&weaknesses,
inflation has it's strengths&weaknesses."each thing is
a trade-off". If you've a typical mortgage,your first
payment will hav far more buying power than your
last payment. a successfully locked in future result.
now it is unsecured &or uncollateralized debt,now,
die w/ah negative net worth. a strange world