News Focus
News Focus
icon url

bird_splitter

03/05/09 2:19 PM

#187977 RE: SilverSurfer #187973

All valid points though no matter how you slice it, the borrowing (debt) will eat us alive and when the lending stops then there will be very few choices. Hyperinflation could take years to happen
icon url

Rawnoc

03/05/09 2:21 PM

#187979 RE: SilverSurfer #187973

I wonder how much of inflation in the last 20-30 years was due to electronic money suppy, direct deposits, debit cards, etc. all of which increases the access and flow of money much faster....plus OIL prices vs. actual money printing?

It wasn't long ago you had to get your physcial paycheck on Friday, maybe get to the bank to deposit it, wait a week for it to clear, get back on line to withdraw some cash, then get to spend it which vs. today's electronic world must have put a major strain on the capital access.

Just my random pondering of the moment.