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To: 2ndDivisionVet

Predicting hyperinflation — That’s not too hard ... The money supply has been pumped up by near 80%.


3 posted on 03/04/2009 1:27:47 PM PST by Tarpon (It's a common fact, one can't be liberal and rational at the same time.)
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To: Tarpon
Considering that the only commodity in short supply is “ink” for the world's currency printing presses, I'd say hyperinflation's not a stretch...
10 posted on 03/04/2009 1:32:03 PM PST by GOPJ (People who can't use the new WH phone system are trying to redesign half the US economy - Brooks)
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To: Tarpon
The money supply consists of a number of elements ~ cash is one of them. Credit or lines of credit is another. There are yet other forms.

For a variety of reasons (disastrous rise in price of oil, crash in home prices, even more productivity improvement in all sectors of our economy, and so forth) we suffered a severe reduction in the money supply. The loss is in excess of $6 trillion.

At some point deflation plus more cash should create a new equilibrium. Inflation can occur afterwards simply through creation of more wealth to be pledged as credit.

36 posted on 03/04/2009 1:46:06 PM PST by muawiyah
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To: Tarpon

Obama is COUNTING on hyperinflation on the money supply and fixed rates on the national debt. The people holding t-bills will be screwed royally getting paid in paper money that is worth far less than a year ago.


68 posted on 03/04/2009 2:27:34 PM PST by Blood of Tyrants (The problem with socialism is that you eventually run out of other people's money. Margret Thatcher)
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To: Tarpon

some groceries have come down in price.....but today I was going to buy some cream cheese and I was astonished that at Albertsons it was $2.79 for one of those little boxes!


96 posted on 03/04/2009 11:30:17 PM PST by cherry
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