Posted 1/31/2008 11:04 (#297514 - in reply to #297507) Subject: RE: Assume the US economy tanks, how does it affect farmers?
Lapel, In
(1.) Dollar buys less = inflation-----(2.) dollar buys more = deflation
I expect #1 to occur first then #2 some time later. That is why I say buy anything with intrinsic value now .Then sell it when #2 happens.(preferably right before #1 peaks. The trick is knowing when the peak occurs. But what do I know? I am just a dumb, uneducated farmer waiting to go under the knife this afternoon.