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Will the U.S. Suffer an Inflation or Deflation in 2009-2010, (or Both)?

In my article, The Credit/Debt Crisis: A Depression Era Stock Market and America's Financial Failure?, published on my website on October 10, 2008, I posited four possible scenarios regarding the outlook for our general economic future. Of those four scenarios, it may be that we are experiencing the most chaotic and potentially destructive scenario, one that may be difficult for many to envisage:

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