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The United States has experienced high rates of inflation in the past and appears to be running the same type of fiscal policies that engendered hyperinflations in 20 countries over the past century.

Laurence Kotlikoff
Running, Country, Past
"US 'could be going bankrupt'" by Edmund Conway, www.telegraph.co.uk. July 14, 2006.
The United States has experienced high rates of inflation in the past and appears to be running the same type of fiscal policies that engendered hyperinflations in 20 countries over the past century.