Hyperinflation To Start in 2015: Economist Says Get Supplies : “Gold, Silver, Canned Goods, Toilet Paper, Bottled Water…”

Thursday, February 19, 2015
By Paul Martin

Mac Slavo
February 19th, 2015
SHTFplan.com

It’s impossible to predict when and how our economy will finally reach a breaking point, but according to contrarian Shadow Stats economist John Williams it’s coming one way or the other.

The only thing we can do now is to prepare for it and that means stockpiling critical supplies, just like you might for an earthquake or snowstorm, but in larger quantities.

Because, if and when hyperinflation starts people will quickly realize that their dollars are worthless. And as we have seen time and again, and most recently in Russia, when a currency rapidly loses its value the public will have no option but to panic buy everything that isn’t nailed down in an effort to unload their diminishing purchasing power before their currency is completely worthless.

This means, as John Williams notes in the following interview with Greg Hunter’s USA Watchdog, that food and other essential supplies will disappear within a matter of hours.

If you have a crisis ahead of you the preparation, by definition, is something you do before as opposed to trying to scramble out after.

In terms of the inflation, holding physical gold and silver is a way of preserving the purchasing power of your wealth and assets.

In terms of buying stores of goods to live on… canned goods, toilet paper, bottled water… the disruptions to the system here early on could be just as bad as an earthquake in terms of shutting down electricity so you can’t pump gasoline, or getting distribution channels disrupted to grocery stores so that you can’t get food… You want to hold some of that in reserve to cover difficult times just like I do here in California anticipating a potential earthquake.

What we’re looking at here is a disaster just as bad in terms of the disruptive effects on people’s lives, but it’s man made as opposed to a natural disaster.

The Rest…HERE

One Response to “Hyperinflation To Start in 2015: Economist Says Get Supplies : “Gold, Silver, Canned Goods, Toilet Paper, Bottled Water…””

  1. The problem with this advice is that those that did not prepare will resort to crime/violence and take what they want/need from those who responsibly prepared. Disturbing but true.
    It is the corrupt politicians and the very rich that is causing unrest, violence and suffering around the world. It seems only a matter of time before the politicians and the very rich are targeted.
    Greed and corruption is quickly changing our world.

    #1150321

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