Sunday, August 29, 2010

Guest Post: Hyperinflation, Part II: What It Will Look Like

I'm not convinced, but this is food for thought:

Guest Post: Hyperinflation, Part II: What It Will Look Like | zero hedge: "People are worried—they’re worried about the current state of affairs: Massive quantitative easing, toxic assets replaced by the full faith and credit of the U.S. government in the shape of Treasuries, fiscal debt which cannot possibly be repaid, a second leg down in the Global Depression that seems endless and only getting worse—people are scared. Many readers gave me quite a bit of useful feedback, critiques, suggestions and comments on the piece—clearly, what I was discussing touched on a deeply felt concern.

However, there were two issues that many readers had a hard time wrapping their minds around, with regards to a hyperinflationary event:"

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