Volatility at World’s End
Deflation, Hyperinflation and the Alchemy of Risk
Artemis Capital Q12012_Volatility at World’s End
The above 18 page report will help you understand how huge debts can either cause deflation or hyperinflation. A thought-provoking read that I highly recommend.
Earlier I posted on hyperinflation here:http://wp.me/p1PgpH-1h
When NO ONE accepts a fiat currency then the inflation is infinite. No amount of paper currency–even by the ton–will be used as a medium of exchange. ….Back to barter we would go until a new medium of exchange is found or used.
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