America – Paving Its Way Towards Hyperinflation
CoinBullion.com
Mar 24, 2012
Currently The United States could be on the verge of a deflationary collapse, worse than America experienced in the 1930’s. However arguably, the more likely outcome is going to be worse. The US is headed right for hyperinflation and the destruction of the dollar. Overwhelming evidence has been abundant, America has known for a long time this problem exists. Yet the US Government and Federal Reserve have yet to come up with any viable solution to fix it.
All current indications are pointing to Hyperinflation in the United States, and destruction of the dollar sometime within this decade if not sooner. The Fed’s printing press was running full tilt from November 2009 through June 2011 with QE-1 and QE-2. Excessive money printing is still being done by the Federal Reserve’s printing press, however “covertly” this time, using dollar swap arrangements with foreign central banks to help bail out the world’s biggest banks yet again. The US dollar is under severe inflationary forces as the US money supply keeps getting larger and larger.
Over time as the US money supply keeps inflating, at some point in the not too distant future, the US dollar will become as worthless as the German mark was in 1923 to Weimar Germany. The prices for any and all goods and services including food, fuel, grain, and medicines will sky-rocket. This will bring with it, severe poverty as well as political and social unrest onto America’s door step.
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