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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: SouthFloridaGuy who wrote (67910)8/10/2006 10:34:34 AM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
So the fact that oil has gone up 1000% in Zimbabawe currency had nothing to do with inflation.

Incorrect.
How much printing is going on in Zimbabawe?
The annswer is stunning.
The govt can not even afford good paper or ink.
They are inking only one side of the bills.
Money supply has soared. Classic hyperinflation.
Probably much of the money is counterfeit too.
Use cheap paper and cheap ink and anyone could copy it.

Inflation is the money supply increase.
The price of oil going up in Zimbabawe is the result.
Clear hyperinflation.

To compare the US to Zimbabawe or the Weimar republic is silly.
Look at the differences.

Mish