Saturday, January 5, 2013

The coming deluge

When governments resort to tricks like this instead of solving their fiscal problems, hyperinflation is not far behind:

http://abcnews.go.com/blogs/politics/2013/01/trillion-dollar-coins-the-ultimate-debt-ceiling-end-around/


Will we soon see trillion dollar notes in general circulation, or wheelbarrows full of cash to buy a loaf of bread?




Who ya gonna blame then? Romney? Boener? Evil Republicans?

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