By Matthew Vadum ——Bio and Archives--August 26, 2009
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We won’t know for a year if he’s done a good job so far, because he shoveled money out of an airplane to save banks and the financial system. But shoveling money out of an airplane to solve problems can be inflationary — in this case, hyperinflationary — if he doesn’t start mopping up some of the money that’s out there.It’s probably already too late to stop hyperinflation. There are way too many
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Matthew Vadum, matthewvadum.blogspot.com, is an investigative reporter.
His new book Subversion Inc. can be bought at Amazon.com (US), Amazon.ca (Canada)
Visit the Subversion Inc. Facebook page. Follow me on Twitter.