Re: More evidence of Deflation
The only way we’ll have Zimbabwe style hyper inflation is if the bankers decide to raise the intrest rates to 800% (what they are in zimbabwe) and continue to loan us ‘money’.
If you want to stop that from happening to your country, your children, and your neighbors, or even yourself, you’re going to have to pass laws that wake away the control and the issuance over 100% of the nations money supply.
That would certainly be one way. Brazil, Russia, India and China could also form a new reserve currency – that would be another.
The deficit that Bernake is loaning into existance could do it.