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Politics : Politics for Pros- moderated

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lightshipsailor
To: skinowski who wrote (543742)10/20/2013 9:16:41 AM
From: LindyBill1 Recommendation  Read Replies (3) of 793926
 
We can plot a lot of scenarios, Skin. I don't see hyperinflation as one of them. They have been able to convince people there is no inflation by removing food and gas from the index. Overall, we have spent more money than any of us here believed they could get away with. We have underestimated our and the worlds ability to absorb our currency. As bad as it is, where can they go? The Chinese make noises about buying Japanese bonds, but that is just noise. Nobody has any place to go besides us.

The Chinese remind me of an English 19th century merchant standing outside one of his rich creditor's house's in London, trying to get paid.
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