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post #78 of (permalink) Old 08-05-2011, 09:14 AM
With extra cheese.
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Originally Posted by cifex View Post
Are you deliberately restating things I've written as if it were new to me?

You use a great many words to say very little.
If I'm "restating" what you said, then you are agreeing that deflationary environments dissuade malinvestment?

They do so by greatly increasing the *relative* credit risk to maturity value between "savings" vehicles and "investment" vehicles.
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