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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (101087)8/21/2009 6:51:08 AM
From: Dan31 Recommendation  Read Replies (1) of 116555
 
Re: Japan tried to induce inflation for years and failed.

But it's still important to consider the possibility that government will do something that produces inflation (both types).

Print up and send $100k to everyone with a social security number, and you'll have inflation overnight.

Granted that those currently in charge would never even consider such a thing - they'll distribute a few billion to each of their buddies, but would never do anything that would benefit workers, small businesses, and the country at large.

The helicopter drops to date have been limited to a few cronies of Bernanke, Geithner, and Summers.

But we could get a change, at some point.

After all, it's been 105 degrees in the pacific northwest, this summer, so maybe we'll someday see a change in our government.

Or, more likely, not.

:-(
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