The Great "Flation" debate - Whats coming and how to profit from It by Mike Shedlock

Given that hyperinflation will not only "end the game" as Gnazzo cleverly puts it, it would also put the FED out of business and bail out debtors at the expense of big banks like JPM and Citycorp. Is that really likely? I have no doubt the FED will try and inflate. The operative word is "try". Even though it is rational to believe they will try, it is not rational to believe they will continue to inflate if it means "the end of the game". The rational conclusion therefore is that the Bernanke "Helicopter Drop" theory is nothing more than a big bluff.

posted by SARTRE @ 7/28/2005 08:04:00 AM