mrees999

The Next Crisis Is on the Horizon

Is it possible that hyperinflation comes sooner? The banks are wiping off the levered accounts at an fast rate due to bad credit default swaps - but the other side of that bet is being paid. The money didn't get destroyed - it went to the hedge funds or whomever is the counter party. They will reinvest it or deposit it and it stays in the economy. All this new money is pumped in on top. Am I missing something here?