tag:blogger.com,1999:blog-816559531110064247.post6738384532080471533..comments2024-03-08T01:03:44.522-08:00Comments on Humble Student of the Markets: A barbell portfolio for a fork in the roadCam Hui, CFAhttp://www.blogger.com/profile/09672203690656029787noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-816559531110064247.post-62819057311312249722008-10-25T11:24:00.000-07:002008-10-25T11:24:00.000-07:00Thank you for the larger macro picture view. In ...Thank you for the larger macro picture view. In an earlier comment you had indicated a possible way to fight deflation by changing currency denominations. Do you see that as a possibility in the upcoming Sarkozy/Bush summit? <BR/><BR/>Marc Faber recently indicated that the short term Deflationary scenario followed by an Inflationary one is likely to him. With Volcker in charge, I would hope that Fabers subsequent inflationary scenario wouldnt unfold too dramatically. However, I am not sure that short term pain (2 years as you put it) will solve the Deflation problem. <BR/><BR/>What we vitally need right now is clarity (read the end of the insolvency issues) and then an INTELLIGENT strategy to combat the simultaneous develeraging of both banking and consumer levels -(regulating derivatives, debt restructuring of consumers, creation more jobs in the creation of tangible goods in the US, simultaneous creation of incentives for savings and increasing money velocity) etc.Noblehttps://www.blogger.com/profile/02224072482343360109noreply@blogger.com