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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (25435)12/11/2009 10:58:18 AM
From: Real Man  Read Replies (1) of 71456
 
Well, the CPI during WWII (1940-1945) was about 2.5% per
BLS calculator, while yields were low (Bart's govt debt spike)

However, an older story with Continental dollar was much less
successful. We created hyperinflation in the US.
We've been monetizing lately at about the same pace
as we did back then -g-

ideas.repec.org

Of course, one key difference was that back during WWII
35 dollars always bought 1 gold Oz., so, monetary expansion
and QE was not something you could easily do.
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