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To: arrogantsob

“Hyper-inflation” is a phenomenon in which everyone has lost faith in the currency in question and anyone who has it is trying to unload it for whatever they can get for it, leading to 100%-per-week price increases, not mere “10%-per-year” increases.

If our government keeps spending a terabuck per year that it doesn’t have, hyperinflation is coming here.


38 posted on 09/07/2012 12:00:51 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: DuncanWaring

We are a long way from hyper-inflation. Rhetoric does not go too far in financial analysis. Study Germany in 1923 for the classic study of hyper-inflation.


59 posted on 09/09/2012 11:09:45 PM PDT by arrogantsob (Obama MUST Go. Sarah herself supports Romney.)
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