Inflation- Hyperinflation expert: The U.S. is nearing the point of no return

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Hyperinflation expert: The U.S. is nearing the point of no return

Thursday, October 15, 2009
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From Bearish News:

Economist Peter Bernholz is an expert on the subject of national hyperinflations. He has studied all the major cases of hyperinflation since 1980. His conclusion: The tipping point occurs when a government's deficit exceeds 40% of its expenditures.

Guess what? The U.S. will hit the 40% mark in 2009:

Read full article...

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Topics:		Inflation \| Economy \| Cruxallaneous

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