Friday, January 30, 2009

Hyperinflation a Possibility

According to Morgan Stanley:

Hyperinflation is a possibility say Morgan Stanley

This is what happens when governments bailout banks, nationalizing credit. Bye bye private sector, hello chaos!

In case you may have forgotten, we now have the most left-wing president in American history picking up where Bush left off, with a nearly $1 trillion spending - pork, that is - package.