Jun

Double Dip Recession And Hyperinflation

9th September 2010 (Updated) | Category: Business and Marketing

Double Dip Recession

According to experts, the unavoidable double dip recession and hyperinflation are just around the corner. Reason given was the massive amount of money printed by the Federal Reserve and the huge debt accumulated by America. Here’s a joke on ‘Wheelbarrow Hyperinflation Theory’

All John was going to get for a wheelbarrow full of money was one loaf of bread. It got so it took a wheelbarrow of money to buy a loaf of bread. But when he got there, the store was closed. He left his wheelbarrow outside the door, figuring he’d come back when the store opened, knowing the bundles of money in it weren’t worth enough for anyone to steal. And he was right. When he came back, the money was still there, dumped on the ground, but someone had stolen his wheelbarrow.

It seems to me Gold is the in thing, we simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

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