Quote:
Originally Posted by ReplayRandall
What year did we last have "extreme deflation"?.....Doesn't exist, especially extreme.
Bear market Time is here.
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One reason the FED did Quantitative Easing on a mass scale starting back around 2009 is because they were terrified of a great depression caused by extreme deflation. Money printing was supposed to cause inflation -- or at least prevent deflation.
I suppose it's a good idea to have a little precious metal in your portfolio in case of extreme inflation or deflation.
