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Thursday, November 10, 2011

'Coming soon to you: hyperinflation'

from shreveporttimes....


"Peter Bernholz, an economist at Basel University in Switzerland, has studied every episode of hyperinflation in recent history: Poland, Germany, Brazil, Greece and dozens more. 


In a research report for the Institute for Individual Investors Bernholz's work shows in nearly all cases, there is a "tipping point" signaling hyperinflation is imminent. It occurs when a country borrows 40 cents of every dollar they spend. Today, the U.S. already borrows 42 cents of every dollar spent"..............READ MORE

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