Economics and Investing:

Reader Chad S. sent this: No risk of hyperinflation, says Bernanke. (I feel so much safer now, knowing that he’s grounding the helicopters.)

Also from Chad: The Truth about Hyperinflation and Price Controls.

Items from The Economatrix:

Ahead of the Bell: Consumer Credit

Mortgage Rate Falls Below 5%

GM to Axe 10,000 in Germany

Analysis: 10% Jobless is Obama’s New World
. Sadly, 18-22% is more realistic. See the data at

Unemployment Rate Rises Above 10%. “The 10.2 percent unemployment rate does not include people without jobs who have stopped looking for work or those who have settled for part-time jobs. If you counted those people, the unemployment rate would be 17.5 percent, the highest on records dating from 1994.”

Freddie Mac Loses $6.3 Billion in Third Quarter

Consumer Borrowing Drops $14.8 Billion in September

Oil Prices Tumble
(on Friday)

AIG Plunges as Sales Decline at Life, Property Units

Soaring US Unemployment Threatens Path to Economic Recovery