Peter Bernholz: Hyperinflation Not Threat for US, But UK May Fit Bill

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John Mauldin included a chapter from his new book Endgame in his newsletter this week, and it’s a good one, taking a thorough look at historical examples of Inflation and Hyperinflation. The most interesting part of the chapter for me was its conclusion – there’s a quote from historian Peter Bernholz, the man who literally […]

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First, we turn to Peter Schiff, who tells Yahoo Tech Ticker that he expects China will need to unpeg its currency in order to fight inflation.  Raising rates alone won’t do it, he says, because they’ll still be importing too many of our quantitatively eased dollars. Source: Yahoo Finance – Tech Ticker, January 24, 2011. […]

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