The Road to Hyper-inflation

“By increasing the number of U.S. dollars in circulation the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services.”
Ben Bernanke

These are the thoughts of a hyperinflationist, no different than the thinking that prevaded over Germany in the 1920s, recent Bolivia and in current Zimbabwe. Inevitably if the trend continues the dollar will become worth less. When people catch on it will become utterly worthless. If we come to our senses later than sooner, we will be served with an economic depression.



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: