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Hyperinflation

Hyperinflation Not an Option, Say Some

Friday I attended a Symposium on hyperinflation at the American Institute for Economic Research. Participants were Thomas Glaessner of ICG at Citigroup, Peter Heller of the International Monetary Fund, Gerard Caprio, Professor of Economics at Williams College, and Joshua Rosher of Graham Fisher & Co.


Glaessner had much experience with the hyperinflations of Brazil and Argentina; Heller did also but from the angle of the IMF. Rosher gave his own analysis, and Caprio served as moderator.

zdollars

WANTED: Examples From World History…

Just a random thought today…

I may be betraying my ignorance of history, but I’m willing to take that risk.

I am trying to find a situation in all of recorded history analogous to the present U.S. economic crisis, where a government has spent $ TRILLIONS of fiat money within a few months to “solve a problem” and hyper-inflation (or massive taxation) DID NOT occur as a result.

If anyone out there in cyberspace knows of an example, please post a comment.

Jim Rogers: “Central Banks Are Unleashing A Inflationary Holocaust”

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Jim Rogers tells CNBC something they rarely hear from their “expert” guests- that the economy needs to be left to itself to liquidate and that the result will be a future of more sustainable growth.

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