Quote:
Originally Posted by wig
I hear ya... I just cannot understand how anyone can predict hyper-inflation at this point. The CRB is still not even above its 2006 peak, let alone the 2008 high.
The US$ Index is still above where it was when GWB left office in 2008. The world is loaning the US Gov't money into the future at historically low interest rates.
Looking at Japan is a better comparison of what the US is fighting to avoid than Argentina/Zimbabwe (which is pure CT crap).
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I'm not either, just saying in that worse case scenario society will basically collapse.
While hyper-inflation is possible, I find it highly unlikely as well.
These are difficult times which will require years to get thru, there are no quick fixes which so many are harping on. Considering the utter disaster that Obama inherited, he and his admin have done a reasonable job.