Quote of the day

From the Mogambo Guru:
There are increasingly those who predict hyperinflation, which is popularly defined as rapidly-rising prices that soon reach un-payable levels, and which is always caused by the true definition of inflation, which is (according to the Mogambo Big Book Of Economic Stuff (MBBOES), “A gigantic growth in the money supply, which is caused by banks deliberately acting like greedy, lying, filthy pigs who deserve to be thrown in jail.”

Read more: The Daily Reckoning – Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategieshttp://dailyreckoning.com/#ixzz19Y0Qb0bR

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