Showing posts with label expenditures. Show all posts
Showing posts with label expenditures. Show all posts

Monday, October 26, 2009

The tipping point for hyperinflation

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.