iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Greenspan: Zero Chance of Default Because We Can Always Print Money to Pay Any Debt

Will somebody shut this geezer up ? Where is the mitochondrial infarction ?

Dirt nap please

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5 comments

  1. Damnit

    Yes Mr. Greenspan, and that is precisely why this ends in hyperinflation.

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  2. tonka

    I think if the short end of the curve hits further record lows tomorrow, the only response from the Fed on Tuesday will be for Bernanke to get in front of the mic and say “how’s my balance sheet look now bitches?!?”

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  3. CRONKITE

    @ Tonka,

    hahahahahahaha….then announce QE3

    Let’s hope not Damnit

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  4. checklist

    There is 0 chance of hyperinflation in the us. Zero.

    1. No government regime change
    2. No debt in foreign currency
    3. Foremost military
    4. Biggest economy on earth
    5. Biggest manufacturer (still)

    Not happening, period.

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