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JAN 10, 2014 - Zero Hedge

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When A Stock Bubble Goes Horribly Wrong And Hyperinflation Results

Perhaps the most amusing and curious aspect of this entertaining summary of the Mississippi Bubble of 1720, the resulting European debt crisis (the first of many), how bubble frenzies are as old as paper money, the man behind both - convicted murderer and millionaire gambler, John Law, what happens when paper money's linkage to gold is broken, and how everyone loses their wealth and hyperinflation breaks out, is who the source is. The New York Fed. Perhaps the Fed-employed authors fail to grasp just what their institution does, or have a truly demonic sense of humor. In either case, the ... Read More

Tags: When A Stock Bubble Goes Horribly Wrong And Hyperinflation Results,  Eurozone Latest News