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

To: jimmg who wrote (76658)12/26/2006 2:33:42 PM
From: Mike Johnston  Respond to of 110194
 
Dutch tulip mania didn't cause hyperinflation

It would, if the government attempted to support tulip prices to protect the economy from recession.



To: jimmg who wrote (76658)12/26/2006 3:23:07 PM
From: Real Man  Respond to of 110194
 
I guess so. In more recent history the fiscal policies in other
countries similar to those pursued currently in the US
normally have led to a currency crisis, with sharply higher
interest rates, and lower real stock prices, eventually.
Sometimes, to hyperinflation. There are many examples. Mostly
countries of "Banana Republic" type -g-


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