2010-03-15blogspot.com

There is no way we'll get into hyperinflation BEFORE debt deflation has run its course. There is no way the Federal Reserve (or ECB, Bank of Japan) can print enough money, electronically or physically, to fabricate hyperinflation, as long as the debt deflation train hasn't finished running over our economic systems. After that train is done, it's anybody's guess; the damage done will be so severe there may not be a Fed left to inflate even a party balloon.


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