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HomeCan Hyperinflation Happen Overnight?
Posted by Larry Doyle on June 11th, 2010 12:50 PM |
Are the financial wizards in Washington and around the world concocting potions and building financial models which may create a greater crisis than that we are currently experiencing? What type of crisis might that be? Our friends in Germany know all to well about the perils of hyperinflation. Could we be facing the same prospects? While our central bankers are touting the current benefits of limited inflation, to be fair the bankers and the economy are battling the undercurrents of disinflation and deflation.
Could those currents change on a dime and create a ‘funnel’ in which our economy is engulfed by hyperinflation? Let’s navigate this topic and review a commentary put forth by Daryl Montgomery, a guest on No Quarter Radio’s Sense on Cents with Larry Doyle from March 7th. Daryl is a fellow contributing author at Seeking Alpha and writes on this topic today, (more…)
