Friday, September 19, 2008

Bailout Mania: We Are Cleared for Takeoff!

Suddenly, the media is tossing the word "Trillion" around a lot. This may be the start of the ramp-up:

Wall St. Bailout Could Cost Taxpayers as Much as $1 Trillion

Paulson plan could cost $1 trillion

Analysis: Washington's Trillion Dollar Wall Street Bailout

If this is indeed the ramp-up phase, we appear to be right on schedule for the short-duration hyperinflation scenario, which would actually be the best of a set of bad options.

I often wonder how much this was all planned out ahead of time.