Friday, 20 February 2009

Quote of the Day


"The ultimate effect of deflation is to reduce the supply of money and credit. Your goal is to make sure that it doesn't reduce the supply of your money and credit. The ultimate effect of depression is financial ruin. Your goal is to make sure that it doesn't ruin you."

- Robert Prechter, Jr.

Source:
Conquer the Crash by Robert Prechter, Jr.

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