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PeakOil is You

PeakOil is You

Receding tide of oil price foreshadows DEFLATION

Discussions about the economic and financial ramifications of PEAK OIL

Re: Receding tide of oil price foreshadows DEFLATION

Unread postby Loki » Mon 12 Jan 2015, 00:04:54

$this->bbcode_second_pass_quote('pstarr', 'F')irst of all I understand debt deflation. Secondly there is no general "problem of debt." How can there be, as money is created by bank debt, as a loan.

LOL. Your second statement disproves your first.

$this->bbcode_second_pass_quote('', 'Y')our problem must be with government debt.

Wrong again.
A garden will make your rations go further.
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