Thursday, October 9, 2008

Next stop: inflation



The bailouts are risky business and could cause severe inflation...

Intuition tells me if the dollar gets too weak, China will pull out of the dollar and this would be catastrophic.
For now the dollar is OK. Let's keep out fingers crossed these bailouts work, because if they do not, we could see marshal law in the US. We do NOT EVER see this happen. I know the bailouts were ludicrous (should never have happened along with the Iraq war) but if these bailouts fail, everyone will be severely affected for years to come.

Intuition tells me something will resolve with all the emergency measures going on, but it is not going to resolve quickly and things will be quite different once this bank seizure is finished.

Zero Dollar Bill



The image “http://l.yimg.com/a/i/us/uh/bt2/news_logov1.gif” cannot be displayed, because it contains errors. Artist Laura Gilberts' print 'The Zero Dollar' protesting the breakdown of the American economy. Gilbert distributed 10,000 of the fake greenbacks in front of the New York Stock Exchange on Tuesday, Oct. 7, 2008 to call attention to the economic crisis gripping the nation.(AP Photo/Mary Altaffer) http://news.yahoo.com/nphotos/Zero-Dollar-Bill/ss/events/bs/100808zerodollargilb

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