Inflation of Words… and Billions Became Trillions Overnight..

In Financials on March 30, 2009 at 11:36

With all these massive stimulus packages employed to revamp the global economy, we have get used to hearing humongous amounts that couple of years ago were only used to measure a country’s GDP. US government and the media have been ‘brainwashing’ us with all the rescue plans that it has now become a regular thing hearing about billions or even trillions sometimes. No it’s not! I am talking about the inflation of words. What I mean by that is that we don’t really ‘process’ the amounts we are hearing about when referring to billions. As a result, this creates panic and inflated firm and assets valuations. Speaking of which..

Attention! The following video contains strong violence

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