No discussion of hyperinflation in a developed country (which happens when a government prints up too much money and slings it around wildly) is complete without mention of the old Weimar Republic.
President Barack Obama’s rhetoric is every bit as inflated. What’s really wild is how the media has joined in the fun while keeping a straight face.
First, who really believes Barack Obama is going to “save” the economy? (Please argue this point with me!) Second, unless they are actually going to buy up houses and prohibit their occupants from remortgaging, the phrase they are looking for is “delay the loss of 9 million homes.”
Bursting the “rhetoric bubble” would at least help more of us to properly value all the cheap talk.