Economist Peter Bernholz has conducted extensive studies on hyperinflation. He has studied all the major cases of hyperinflation since 1980. His conclusion: The tipping point occurs when a government’s deficit exceeds 40% of its expenditures.
http://www.bearishnews.com/post/2420
The US has reached that threshold, despite fears of asset deflation.
Monday, October 26, 2009
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