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To: Trumptown who wrote (384730)4/23/2009 3:47:19 PM
From: Real Man  Respond to of 436258
 
It's quite common in fiat world, but it seems some
sort of devastation by war is needed to turn inflation
into hyperinflation. That, or a corrupt government.
We have the latter, and it may be a civil war -ng-
High inflation happened to Japan too, post WWII, and a buck still
buys 100 yen. -g-

en.wikipedia.org

In Germany your house was Free, but all you made was spent
on food, and it was not enough. Getting paid a few times
a day is a signature of hyperinflation. On a brighter
side, a currency can lose 4 zeroes in 5 years without
ever going to that extreme. Then the DOW would only
go to 8,000,000, as opposed to 8,000,000,000,000,000. -g-

Coming back here, the Fed pledged to triple the monetary base,
but somehow I am not at all sure they will ever stop
printing!



To: Trumptown who wrote (384730)4/23/2009 4:06:18 PM
From: MythMan  Read Replies (2) | Respond to of 436258
 
more bullish news
nytimes.com