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To: Bid Buster who wrote (329422)12/8/2006 11:02:01 AM
From: Real Man  Read Replies (1) | Respond to of 436258
 
It's a myth until it's not. I don't think we are anywhere close
to hyperinflation. We do have 6%-8% inflation, though, which is
a lot higher than reported. The Fed's printing is not a lot
compared to the size of the US economy. The whole mess is held
by huge leverage, and a mountain of debt. It's a tough call how
the mess will unwind. I'd think the leverage will have to crack
first, creating a meltdown, then the Fed will print us into
oblivion. -g-


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