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.
Showing posts with label expenditures. Show all posts
Showing posts with label expenditures. Show all posts
Monday, October 26, 2009
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