tag:blogger.com,1999:blog-663998076511109850.post4075673488303833181..comments2023-11-05T04:33:11.265-08:00Comments on Maison Fleury: Liquidity hoarding, the USD bull caseadt43wt342http://www.blogger.com/profile/07557608193924044365noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-663998076511109850.post-47289316871144332402008-10-23T04:34:00.000-07:002008-10-23T04:34:00.000-07:00Yes, it's paradoxical. Deflation inspires central ...Yes, it's paradoxical. Deflation inspires central banks to flood the system with money, but the mechanism means that cash gets a cash return, thus people hoard it.<BR/><BR/>The big risk is if the tide turns suddenly, and that money gets moving again very quickly - deflation can change to hyperinflation all too fast if the currency has been debased too much.Barry Kellyhttps://www.blogger.com/profile/10559947643606684495noreply@blogger.com