Friday, December 10, 2010

New Hyperinflation Term In Honor Of Ben Bernanke!

Hyperinflation is the consequence of printing money with reckless abandon or as Federal Reserve Chairman Ben Bernanke says, by "quantitative easing." If you want to get a glimpse of examples of hyperinflation over the last 80-100 years watch this recent presentation at a Mises Circle at Furman University.

So in 'honor' of the hyperinflationist at the helm of the Federal Reserve any monetary number measuring inflation that is more than a gazillion is now called a Bernanke! And all inflation of any amount is merely a decimal of that new term.

For more information go to my website.

Go here to read about Mastery of ETHICAL ECONOMICS.

{I am currently taking a partial hiatus from blogging so frequently since I am preparing to write the fourth and final book in the divine economy theory series, due to be published around May 2011.}

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