10-12-2010, 02:52 PM
Grieve Wrote:Dustie Wrote:If that's the only argument though, then why not just load up on TIPS?Tips protect against inflation. We don't have any inflation right now. Commodities are going up, but due to the recession most "stuff" isn't. People are still talking about deflation, and the Fed is thinking of ways to engineer some inflation to get people out of bonds.
I guess you're right. Devaluation is not the same as inflation.
"Hamilton is really a Colossus to the anti republican party. Without numbers he is an host within himself. They have got themselves into a defile where they might be finished but too much security on the republican part will give time to his talents and indefatigableness to extricate them. We have had only middling performances to oppose to him. In truth when he comes forward there is nobody but yourself who can meet him. His adversaries having begun the attack he has the advantage of answering them and remains unanswered himself. For God's sake take up your pen and give a fundamental reply to Curtius and Camillas" - Thomas Jefferson to James Madison