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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: yoremopnhoj who wrote (106926)1/20/2010 12:42:09 PM
From: Skeeter Bug1 Recommendation   of 116555
 
ben has promised to print unlimited money to SAVE "CONNECTED" BANKERS. he has made no such promise to save anyone else.

that means the bankers may well decide our fate... and that may be tent cities and food lines. printing $100 trillion and burying it does nothing for the economy. well, not true - if interest is charged, it is a big drain on the economy.

hyper inflation will cause bank runs - and i think banks likely see that as more dangerous than almost any other option.
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