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The American Empire in a Changing World



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Wednesday, September 28, 2011

'Mass Inflation, Yes; Hyperinflation, No'

from lew rockwell.com.........

"The United States is not going to get hyperinflation unless Congress nationalizes the Federal Reserve System.
It will get mass inflation at some point: anywhere from 15% per annum to 30%. But it is not going to get 50% or 100% or more.
Why not?
1. The temporary nature of the payoff
2. The fear of getting blamed
3. The boom-bust cycle
4. The employees' vested pension fund"................READ MORE

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