"Fiscal cliff" standoff keeps Wall Street subdued

Comments (2)
jrj906202 wrote:

This fiscal cliff reminds me of the Y2K scare.Govt will go on doing what is has been doing and we will get by this.As long as people believe there is no inflation,the Fed should be able to continue devaluing the currency,reducing the debt servicing burden.If citizens and investors ever wake up and relalize there is plenty of inflation,they will start dumping the Dollar,forcing the Fed to give up it’s easy fiat policies.Then look out below.

Nov 12, 2012 11:06am EST  --  Report as abuse
Innocentious wrote:

Yeah, well call me crazy ( just don’t call me Shirley ) but thing look like a house of cards right now… But hey if you think these stocks are bargains more power to you…

Nov 12, 2012 2:13pm EST  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.