Deflation proves no CONFIDENCE in TPTB’s ability of managing the economy and the financial system. The master planners made bad decisions a long time ago, 1975? and the negative results started showing up soon after. The Arab oil embargo, wage price controls, interest rates to 21%, in the 1970s, market crash in 1987, etc etc … Continue reading GOLD IS ALSO A DEFLATION HEDGE, NOT ONLY AN INFLATION HEDGE