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Remember Ravi Batra, The Great Depression of 1990 (Simon and Schuster, New York, 1985)?
It was a best seller at the time.
It wasn't that bad, was it?
So, is it different this time?
Seriously, if you hope to retire or are retired and you find yourself stuck with investments denominated in "New Dollars" bearing the words "In Bernanke We Trust" that buy 10% of what an "Old Dollar" will buy - how is that going to work for you?
Have you read the book?
Has it changed how you invest?
Remember Ravi Batra, The Great Depression of 1990 (Simon and Schuster, New York, 1985)?
It was a best seller at the time.
It wasn't that bad, was it?
So, is it different this time?
Seriously, if you hope to retire or are retired and you find yourself stuck with investments denominated in "New Dollars" bearing the words "In Bernanke We Trust" that buy 10% of what an "Old Dollar" will buy - how is that going to work for you?
Have you read the book?
Has it changed how you invest?