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Event Title: Michael Cleary and Joseph Hickey - Inflation vs. Deflation
Event Date: 8/3/2010 12:00:00 PM
Many have been asking about what will happen to the economy given the level of deficit spending currently underway. Michael Cleary and Joseph Hickey will discuss what inflation and deflation can mean for the economy and the corresponding investments suitable for each scenario. Could deficit spending lead to inflation – excessive money creation leading to a weaker dollar and artificially stimulated growth? Or could deficit spending lead to deflation – credit contraction, defaults and no-growth recovery?Both scenarios will present opportunities to build wealth.