Hmmm

[james_davis_nicoll]

Is that the sound of despair from Mr Card?

Comments

[mmcirvin.livejournal.com]

Yeah, that's pretty much the definition of an economic depression. Massive deflation, crowds of desperate unemployed to serve you, and things are actually great for anyone sitting on a huge pile of money, which becomes extremely valuable.

[scott-sanford.livejournal.com]

I wonder if fears of hyperinflation are common in those circles. Some generic stereotypical redneck might ride out this economic disaster still in possession of his truck, farm, shotgun, and dog; owning a bank account full of numbers and many stock certificates from failed companies would not be so satisfying.