AnonymouseUser
Diamond Member
Originally posted by: LegendKiller
Originally posted by: AnonymouseUser
Originally posted by: UNCjigga
Who's the alarmist now? WOOHOO you go Bernanke! Don't even wait till next week!!! 😀Originally posted by: Engineer
FED just cut rates by 3/4 point!!! :shocked:
Hooray for hyperinflation and the devaluation of the dollar...
Do you even know what hyperinflation is? According to RP, its anything about 0%. What's yours ohh master of economics?
Well I definitely don't know what an "RP" is, but you could say my definition of hyperinflation is pretty similar to the definition as stated on Wikipedia:
In economics, hyperinflation is inflation that is "out of control," a condition in which prices increase rapidly as a currency loses its value.
...
The main cause of hyperinflation is a massive and rapid increase in the amount of money, which is not supported by growth in the output of goods and services.