October 18, 2011

CASE NIGHTMARE GREEN: Inflation On The Up? “One of the key arguments in Detlev Schlichter’s Paper Money Collapse concerns the oft-repeated claim that the world’s central bankers won’t allow inflation to get out of control, because they are fully aware of what a very bad thing it is. But what if they also fear something else that they regard as even worse?”

UPDATE: On the other hand, should I take this as a sign that the Apple folks don’t fear inflation in the immediate future? “Apple Total Cash Hits $81.6 Billion, Over $5 Billion Increase In The Quarter, $22 Billion Increase In 9 Months.” Or at least, they don’t fear it more than they fear other things. . . .