John Williams has been predicting eventual hyperinflation for some time now. But instead of years down the road, he now is saying it's just around the corner!
1 posted on
10/24/2012 9:15:10 PM PDT by
Errant
To: Errant
His argument makes a lot of sense.
2 posted on
10/24/2012 9:22:31 PM PDT by
Roberts
To: Errant
Very very possible. I think Rush predicted the same time period
3 posted on
10/24/2012 9:22:58 PM PDT by
GeronL
(http://asspos.blogspot.com)
To: Errant
Can’t see “hyper” inflation coming until there is “hyper” recovery in job market. With fewer jobs, consumer demand will stay sluggish. The horse is jobs, the cart is inflation. Can’t put cart before the horse.
4 posted on
10/24/2012 9:25:07 PM PDT by
entropy12
(Romney/Ryan 2012... Send Obama back to Chicago/Hawaii/Kenya/Indonesia wherever)
To: Errant
Hyperinflation is measured in the 100s%. This is extremely unlikely. While Housing and Construction are flat on their backs there ain’t gonna be inflation.
As to the dollar collapse. There is little chance of another reserve currency so that is not likely either. Europe and Japan and China are all inflating as fast or faster than the US.
7 posted on
10/24/2012 9:58:23 PM PDT by
arrogantsob
(The Disaster MUST Go. Sarah herself supports Romney.)
To: Errant
Inflation yes, hyperinflation not likely. Williams is right that there is no big recovery around the corner. We have about 10 years to go to work through this mess.
9 posted on
10/24/2012 10:12:37 PM PDT by
SaxxonWoods
(....The days are long, but the years are short.....)
To: Errant
Williams is wrong. Japan has been doing far more QE than the U.S. every year since 1989 without hyper-inflation.
10 posted on
10/24/2012 10:15:39 PM PDT by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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