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Default or Hyperinflation: The US’s Only Two Options *LINK*

Default or Hyperinflation: The US’s Only Two Options

By The Mogambo Guru

[snip]

10/22/10 Tampa, Florida – I thought I had seen and heard it all after the ludicrous Ben Bernanke, asinine chairman of the Federal Reserve, announced that the official (and thus a lie!) 2% inflation in prices was too, too low, and he wanted higher inflation because, somehow, in some weird little fantasy world that only he and other neo-Keynesian econometric cyber-nerds can see, higher inflation is “consistent with the mandate of the Fed” to achieve stable prices (zero inflation)! Hahahaha!

This is so bizarre that I had a hard time dealing with it, as I have enough problems of my own in distinguishing reality from my own weird little mental world without this dimwit forcing his schizophrenia on me.

So I cleverly doubled up on some of my medications, which didn’t help much, although I finally did relax enough to unclench one fist...

LINK
:

http://dailyreckoning.com/default-or-hyperinflation-the-uss-only-two-options/

Messages In This Thread

Default or Hyperinflation: The US’s Only Two Options *LINK*
third option: "Let the dogs out!"
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