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Overnight Hope-a-Dope

754
3 wood1/25/2009 7:35:37 am PST

re: #743 rw in san diego

3 wood

Did you see the link in #652? If you read the article, do you have any thoughts on it? It predicts significant inflation. I don’t have an economic background and don’t know if his graphs and interpretations make sense. Thanks.

I’ve been saying the same thing for a while now. Once this thing turns, look out for hyper inflation.

There has been so much money poured into the financial system that inflation will have to explode once the demand for goods and services starts going up.

From the White House standpoint that will be a good thing, cause then they can inflate all the debt they will be racking up.

“Inflate” means pay back the money with cheaper dollars.