Not Hyperinflation Yet

Email Print
FacebookTwitterShare

But the 3.9% increase in food prices last month—the most since Nixon—is an alarming indicator. The Republican Bernanke has inflated at criminal rates to save the big banks and Wall Street from the fruits of their heists. It will not be beyond him—and the rest of the gang of thieves—to impose totalitarian price and wage controls, capital controls, exchange controls, exactly as Nixon did.

9:47 am on March 16, 2011
  • LRC Blog

  • LRC Podcasts