Re: More evidence of Deflation

Home Forums DISCUSS Current News & Events More evidence of Deflation Re: More evidence of Deflation

  • Thu, Aug 20, 2009 - 09:29pm

    #12
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Re: More evidence of Deflation

[quote=Thomas Hedin]

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.

[/quote]

Hello Thomas:

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.