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International Business Machines Corporation Message Board

cmegladon 1 post  |  Last Activity: Oct 2, 2015 3:23 PM Member since: Nov 30, 1999
  • cmegladon cmegladon Oct 2, 2015 3:23 PM Flag

    Hyperinflation is another term to describe a scenario devised by folks who don't subscribe your school of economics.
    From 1910 to 1970, a dollar was always worth a dollar. Yes, we had MANY periods of inflation, but a dollar was always worth a dollar. Demand led to that type of inflation.
    From 1973 to 2015, we have succumbed to MONETARY inflation, a far more insidious type.
    Ya see, now, a veal chop doesn't cost more because of demand. If costs more because the freak'n dollar buys less. It buys less of everything. And the inflation indexes are designed to ignore currency inflation.
    Our weak dollar, higher export ratio/to da moon stock market indexes induced stupor have crescendo'd. Fed cannot increase rates unless they want to pay 2x/3x/5/ the interate on that 17Trillion of debt.
    World wide revolutions are in progress.
    This country has gotten used to free stuff. Wanna try and take it away?
    We are on the cusp of a major financial debacle.
    Cusp could be months and more years but it's coming.
    And remember, it all started with veal chops, and silver, and gold, and Fannie Mae and Nixon.

139.3699+0.9099(+0.66%)3:09 PMEST