Greyerz – Get Ready For Worldwide Chaos
KingWorldNews.com
April 22, 2018
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies, told King World News that people need to get prepared for worldwide chaos.
The Coming Chaos And Hyperinflation
April 23 (King World News) – Egon von Greyerz: “The coming hyperinflation will start slowly and few people will realize what is coming. But once the first real inflation signals are appearing, the process will unfold very quickly as the currency debasement accelerates…
Egon von Greyerz continues: “Right now we are most likely seeing the first signs of inflation. The rising CRB index, together with rising oil, silver and interest rates, are all telling us that inflation is coming. Initially, we will see a gradual increase, but soon inflation will accelerate until in the next few years we reach hyperinflation.
Of course, nobody sees hyperinflation as a credible outcome of todays’s low growth environment. But hyperinflation is a currency event and it will come as a result of all major currencies finishing the move that started with the creation of the Fed in 1913. Since then, all currencies have fallen 97-99% in real terms. So there is only 1-3% to go to reach zero. However, the problem is that they won’t just fall 1-3% but 100%. This will be achieved by massive money printing in an attempt to save a debt infested global economy.
The rest…HERE
