Does anyone think that hyperinflation could be around ther corner???
Reading below I believe it is a distinct posibility, especially in the US.
"What Causes Hyper Inflation? Usually, countries with hyper inflation have the following features
1.Large government debt, usually over 100% of GDP 2.Printing Money. To cope with meeting the debt, the government starts printing money. This decreases the value of existing money creating a multiplier effect where people lose confidence in money and keep demanding wage increases. 3.Reluctance / inability to deal with it. When Germany experienced hyperinflation in the 1920s it was not a phenomena they fully appreciated or understood. Their primary fear at the time was unemployment. They feared that unemployment could precipitate a Communist Revolution so they didn't want to do anything to reduce demand and possibly cause a recession."
More information at this link: http://www.economicshelp.org/2008/04/hyperinflation-causes-costs-and.html
