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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