Golden Minerals Company

Deflation might be easier for the people but it would be the death for the banks.

As money and prices contract, everyone makes less. The debts we have ie. car loans, homes loans etc become harder to pay because we all make less.

Then people default because they can't make their payments...and prices go lower and the whole thing starts again....

and the banks fail because no one is making their payments.

So they have to inflate to keep asset prices rising so people make their payments. Then people loose their confidence in the dollar and prices skyrocket....

GOT GOLD?