Deflation because of the gold link caused the Great Depression along with trade restrictions.
Anyway, the soft landing is on schedule for next year (2015) when the Fed starts raising short term rates. A hard landing is simply Fed incompetence, both of policy and of managing expectations.
A Soft Landing for US Debt?
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MachineGhost
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Re: A Soft Landing for US Debt?
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!