Where Is the Panic Over Deflation?

[AlanT]

Any time that a government has the ability to print as much money as needed to pay off a debt, the fiat currency gets deflated and will eventually fail.

 

[LibForestPaul]

Who will they be lending it to?

Military industries.
Healthcare industries.
Higher education industries.
Bubble for all.

 

[jon_perez]

How do you figure? We had 14 trillion in debt when that interview was made and we were still on QE2. Now we have 17 trillion and QE infinity. This story is not over.

Sure.

But I think Shilling is the more flexible thinker here while Schiff is too mired in ideology. The markets don't care about the latter.