2008-06-17wallstreetexaminer.com

"Mad Max conditions for truckers are putting them out of business. Last week in the commentary we got into some kind of debate about the definition of hyperinflation, and my use of the term. Apparently the FASB threshold is 100%. As I am running a counter-intelligence operation here (see label on tip jar), I will just go ahead and define it on my own terms and let the reader decide. 67% annual price increases are hyperinflationary to my thinking, and 33% might as well be so."



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