meet uncle sam ..., page-8

champ

it has another couple of years to run max

there are two parts to the printing money saga

a) your need to print it via a central bank (check all 14 banks have been doing this like crazy)

b) you have to get it lent or spent into existence (check essentially this has whats happened over the last 2 decades)

c) at some point known as the "Minsky moment" the debt gets to much for the economy to bear, at that moment everything comes tumbling down

We are in the last moments before the moment

hyperinflation would bring down the 500 trillion dollar interest rates derivatives market

hyperinflation requires sturdy borrowers (there are none in the west)

somekind of two speed event could happen where hyperinflation chews up India and China while the west goes into deflation

all the money has been already printed and borrowed , we already have had hyperinflation , oil form 15-150 is not hyperinflation ????

gold form 200-1500 is not hyperinflation?

domestic RE gaining 20-25 % a year is not hyper asset inflation ?

no the world cant stand it, its monumental pain inflection point

although Im not convinced we are there yet

QE 3 is not out of the question to get Obama re elected my thoughts are more like early 2013

but you cant tell it is very unpredictable timing wise