To Hide A Hyperinflation – Part 1
By Jeff Nielson
GoldSeek.com
Friday, 30 October 2015
In previous commentaries; readers have read firm conclusions that the U.S. government (via the Federal Reserve) has already hyperinflated its currency – past tense. Yet what do we actually see as we look around us? We see this obviously/blatantly worthless currency with its exchange rate versus other currencies propped-up at a particularly absurd extreme. Where is the “hyperinflation”?
Regular readers can automatically answer that question. We see the hyperinflation in the chart below: the exponential increase in the U.S. monetary base (i.e. its supply of money). Both the shape of the curve and the quantum of the total increase shriek “hyperinflation”.
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