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Re: Re: Re: Re: Re: Re: Re: Re: Re: Fifty Year Ago
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Posted by Hugh MacKay on February 25, 2004 at 17:40:20 from (64.228.11.176):
In Reply to: Re: Re: Re: Re: Re: Re: Re: Re: Fifty Year Ago Cos posted by Steve from Mo - mostly ag on February 25, 2004 at 14:45:41:
Steve: You made the statment, that you hoped you never see deflation again as 1/3 of the country will be out of work. Do you not also agree if we reach the point whereby 1/3 of the population is without income, that alone will create deflation. Remember My wife's can opener. She tells me she also has my mother's toaster. It is 64 years old and raised a family of 5 boys. If Corperate America keeps farming jobs offshore at the rate it has in the past 20 years, it will not be long until 1/3 of North America are without income. You best get ready for deflation. Personally I can't wait. The last time it truly happened, my dad bought land for a dollar per acre. Yes in 1938 my dad bought land in a tax sale, formerly owned by the big boys on Wall St. for $1.00 per acre. I'm ready, are you?
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