Tuesday, October 18, 2011

Can "It" (Hyperinflation) Happen Here? - By: John Mauldin

John Mauldin, Millennium Wave Advisors

Can "It" Happen Here?

How Could This All Happen?
Currencies, Culture, and Chaos 
What Causes Hyperinflation?
A Very Frank Idea 
But What About the $70 Trillion in Off-Balance-Sheet Debt?
New York, London, South Africa, and the Future

"Bankruptcies of governments have, on the whole, done less harm to mankind than their ability to raise loans."
- R.H. Tawney, Religion and the Rise of Capitalism, 1926

"By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
- John Maynard Keynes, Economic Consequences of Peace

Original Source - Click original source to read the rest

John Mauldin

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