tag:blogger.com,1999:blog-1892824566694270102.post644741810732222635..comments2024-01-27T00:46:34.345-08:00Comments on How Fiat Dies: The Mother of All Painted-In CornersVincent Catehttp://www.blogger.com/profile/06502618776820144289noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1892824566694270102.post-14216456583186227322013-07-21T09:57:27.529-07:002013-07-21T09:57:27.529-07:00This is a good point. And probably the government...This is a good point. And probably the government would be on the hook for deposits, so defaulting might not even save anything.Vincent Catehttps://www.blogger.com/profile/06502618776820144289noreply@blogger.comtag:blogger.com,1999:blog-1892824566694270102.post-8106653790429528122013-07-21T09:55:46.478-07:002013-07-21T09:55:46.478-07:00Thanks!Thanks!Vincent Catehttps://www.blogger.com/profile/06502618776820144289noreply@blogger.comtag:blogger.com,1999:blog-1892824566694270102.post-54863821120135079182013-07-19T09:04:16.652-07:002013-07-19T09:04:16.652-07:00I know this isn't the right post to say so (al...I know this isn't the right post to say so (although it is related) but I want to express my appreciation for the magnificent article you published at: <br />http://pair.offshore.ai/38yearcycle/#hyperinflationstages<br /><br />I reads like a complete education on hyperinflation. Thank you.<br />Pete Siscohttp://www.petesisco.comnoreply@blogger.comtag:blogger.com,1999:blog-1892824566694270102.post-12902125834499542812013-06-09T02:49:33.831-07:002013-06-09T02:49:33.831-07:00Default is very problematic simply for the reason ...Default is very problematic simply for the reason that govt bonds are 900% of their bank's capital. Basically all the banks in Japan will go bankrupt on the day of default.<br /><br />-Alexey.E. "Technologov"Technologovhttps://www.blogger.com/profile/11860805821257334978noreply@blogger.com