The Other Jim R. was the first of several readers to alert us to this article: We’re Screwed! ShadowStats.com founder John Williams explains the risk of hyperinflation. Worst-case scenario? Rioting in the streets and devolution to a bartering system . [Gee, what blog has Mr. Williams been reading?]
Items from The Economatrix:
US Removes Caps on Fannie, Freddie Lifelines for Three Years . This means unlimited funds to failed mortgage giants.