Donald Ingram's  Instablog

Donald Ingram
Send Message
  • Quantitative Easing: A Note from the Wilderness. 0 comments
    May 26, 2009 10:37 PM | about stocks: QQQ, BWX

    Hyperinflation is caused by the Fed buying Treasury debt and turning that debt into currency. The more Treasury paper the Fed buys, the lower the dollar will fall in the foreign exchange markets. Which describes what is happening with the dollar and the Treasury yields recently.

    The Fed is caught in a web of it's own destruction. Now, to keep a lid on interest rates and feed the government with the needed money supply that it wants - the Fed must keep on printing money in ever increasing amounts.

    "There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crises should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

    -Ludwig von Mises,

    Disclosure: No position.

    Stocks: QQQ, BWX
Back To Donald Ingram's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • There is still no other 'kindz like Heinz! (KHC) Another sweetheart stock. Who said long term hold is bad? People have to eat.
    Mar 8, 2011
  • HRL comes through again! What a sweetheart stock! When times are tough its "Spam in the Pan!" Hawaiian's love it! Me too and the stock also!
    Feb 22, 2011
  • KHC
    Aug 29, 2010
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.