Wednesday, March 10, 2010

Bernanke’s Dilemma: Hyperinflation and the US Dollar

Here is an analysis of the questions surrounding the existing condition of the US government as it struggles to save its legitimacy, that is, restore trust in it as a governing body. Then there are the questions surrounding the Keynesian policies of quantitative easing and the consequences of issued government debt hitting near 90% of GDP. Pile on top of that, the commitments for additional debt that have not been financed but must be, along with the total of private debt, yours and mine, and now we have debt to GDP approaching 300%! No wonder Ron Hera has done a great deal of research on the questions facing Bernanke, and the rest of us. Read this.
Bernanke’s Dilemma: Hyperinflation and the US Dollar

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