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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: yard_man who wrote (5547)1/20/2004 12:18:05 PM
From: Real Man  Read Replies (3) of 110194
 
Oh, yeah. It's called "hyperinflation" You'll be able to have a hamburger
at Macdonalds for a couple trillion dollars -g-

Hyperinflation amounts to a huge $$$ transfer, from J6P to rich folks.
Cause in real money, workers are paid less. We had at least 3 known
cases of hyperinflation during the last century.

In Germany, it lead to Hitler. In Italy, it lead to Mussolini. In Yugoslavia,
it lead to Milosevic. If you draw historic parallels, this looks outright scary.
It is always the economy - and when they have it really bad, people want
a strong person to be in power. Unfortunately, the path from that to a
dictator is pretty short. Also, the path of blaming someone else for your
troubles is also pretty short. In fact, we have been walking it for a while
now!

Don't laugh. Given the biggest bubble ever, we are
supposed to have the biggest hangover ever. It seems the biggest
hangover ever historically has been hyperinflation. The Great Depression
of the 30-s did not bring someone like Hitler, Mussolini, or Milosevic to
power in America... Don't say this can't happen here. We need to be on
high alert about it once the s... hits the fan.
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