Paul Burkett makes the same argument, in part based on earlier Latin America, which the US is coming to resemble.
I guess I shouldn't be surprised, since I heard him on the radio awhile back saying that hyperinflation typically arises not from an excessively increased money supply (which is just a symptom) but from a government being unable to balance its budget due to domestic conflicts... -- Jim Devine / "Nobody told me there'd be days like these / Strange days indeed -- most peculiar, mama." -- JL. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
