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Mascoutah, Illinois | S.C., did you catch any of Fast Money today on CNBC? They had one of the legendary traders on the show named "Trader Vic." Trader Vic said thirty out of thirty times we have seen hyperinflation in the world. He said the study just completed by his group indicates we have the perfect conditions in place to be number 31 out of 31. Too much debt with slower growth, smaller tax receipts, and government spending more than they are taking in. The bright note was he says he hopes he is dead wrong and that Bernanke and the crew CAN still fix this before it is too late. What a refreshing five minutes of television this afternoon. | |
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