Rebane's Ruminations
June 2009
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Day: June 11, 2009

  • George Rebane Inflation, perhaps hyper-inflation of the Weimar variety, is in our future.  It seems that daily another economist, tallying up the fed’s unfunded liabilities, adds to it another handful of trillions (that is not a typo).  To keep things in perspective, our country’s current GDP is about $14 trillion, and the fed vacuums up…