Don't buy! Per my experience, the time when some of my so called "long term holdings" can breath fresh air again, is the time for a market top. Of course only if I continue to hold them and which is ...
olderfrog 发表于 2010-3-5 16:09
I understand that when deflation comes, the heavy debts we are taking will be self propelling along the death spiral. But I just cannot imagine how the deflation can start given the infinite printing power of all the central banks. We are not on gold standard anymore. Those central banks may not be able to save economy and jobs, but looks like they can kill deflation for sure.