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NOV 09, 2013 - Zero Hedge

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Larry Kotlikoff Asks "Is Hyperinflation Around The Corner?

Authored by Lawrence Kotlikoff, via Yahoo Exchange blog, In his parting act, Federal Reserve Chairman Ben Bernanke has decided to continue printing some $85 billion per month (6% of GDP per year) and spend those dollars on government bonds and, in the process, keep interest rates low, stimulate investment, and reduce unemployment. Trouble is, interest rates have generally been rising, investment remains very low, and unemployment remains very high. As Lawrence Kotlikoff points out, echoing our perhaps more vociferous discussions, Bernanke’s dangerous policy hasn’t worked and should be ended. ... Read More

Tags: Larry Kotlikoff Asks "Is Hyperinflation Around The Corner?,  Taxes Latest News