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Ask HN: Are you ready for rampant inflation?

1 pointsby cardmagicover 16 years ago
If you can't afford something and you buy it anyway, there are always consequences.... that is the name of this whole financial crisis... home owners couldn't afford homes, financial institutions couldn't afford to pay out credit default swaps, lehman brothers couldn't afford to payback commercial paper, hedge funds couldn't afford to pay the leveraged losses... next up to bat is the entire United States not being able to afford to bail out the world economy.<p>We certainly are trying, and because we are trying, there will be consequences. Two years might get us out of the short term crisis of banks not lending to eachother, but long term this overall crisis is far from over.

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