Wednesday, February 11, 2009
Hyperinflation by 2010 | PennyJobs
Long-term interest rates are only low right now because everyone is afraid of the stock market and has moved their money to US treasuries. But, that will be changing very quickly once the government realizes just how large the inflation problem is and begins to change the current monetary policy. But, even if they don't, foreign investors are losing patience with the falling dollar and are on the verge of selling all dollar based assets - which would trigger a large increase in long term interest rates. Either way, long-term interest rates will be going a lot higher in the next few years."