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Re: Imclonian post# 112521

Thursday, 01/13/2011 7:39:40 PM

Thursday, January 13, 2011 7:39:40 PM

Post# of 252300
The only part of America experiencing runaway hyperinflation 1861-1865 was the Confederacy. The North did a lot better though it probably was enough to destroy many depending on a fixed income.

http://www.tax.org/Museum/1861-1865.htm

>>> the overall northern inflation rate reached only 80 percent, comparable with the domestic rates during World Wars I and II.<<<

This seems to have little to do directly with Biotech Values so maybe it doesn't belong on this board. But I doubt if severe inflation will be good for stock prices- everybody will be running to commodities. Or even buying refrigerators, anything tangible.

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