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

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To: mishedlo who wrote (29962)4/3/2005 11:44:21 PM
From: John Vosilla  Read Replies (2) of 110194
 
In theory they COULD.
In practice it will not happen.
Hyperinflation would bail out debtors (the mass public) at the expense of creditors (banks, financial institutions, and the wealthy).

In other words, it is an unloaded gun.


So true but this would bail out the bankrupt airline and auto industries as well as the federal gov't, underfunded SS & pension plans. Wages also would rise and the coastal housing bubble would collapse all good things long term. If Greenspan was so adept at protecting his banker friends he did an awful job navigating the waters during the S&L fiasco.
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