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Loan Modification
: Mortgage Lender Implode-o-MeterBoodling the Promise
By Implode-Explode Heavy Industries
These systems don?t break down overnight, and we?re not going to wake up tomorrow to a full-on bout of hyperinflation. Rather, the exchange rate of our dollars will continue to reflect the value of that promise in the minds of all those holding dollars (at least when compared to the promises made by other countries.)
So for all the naysayers and chicken little's that say we?re heading full-speed into a hyperinflationary crash?perhaps they should be looking into the pages of history. Because this isn?t the first time that the American economy has been replete with currency conjured from thin air.
Full post as published by Mortgage Lender Implode-o-Meter on May 20, 2009 (boomark / email).

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