Events Accelerating Towards an Ultimate Dollar Catastrophe! Here’s Why
Saturday, March 3rd, 2012
With the U.S. election just nine months off, political pressures will mount tofavor fiscal stimulus measures instead of restraint. Such action can only accelerate higher domestic inflation and intensified dollar debasement culminating in a Great Collapse – a hyperinflationary great depression – by 2014. [Let me explain why that is the inevitable outcome.]
So says John Williams (www.shadowstats.com) in edited excerpts from the Overview and Executive Summary* of his No. 414: Hyperinflation Special Report 2012 Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has further edited below for length and clarity – see Editor’s Note at the bottom of the page. (This paragraph must be included in any article re-posting to avoid copyright infringement.)
Williams goes on to say, in part:
U.S. Economic Crisis Continues to Deteriorate
The U.S. economic and systemic-solvency crises of the last five years continue to deteriorate…[and] will encompass:
a complete loss in the purchasing power of the U.S. dollar;
a collapse in the normal stream of U.S. commercial and economic activity;
a collapse in the U.S. financial system, as we know it; and
a likely realignment of the U.S. political environment.
Hyperinflation Likely by 2014
Outside timing on the hyperinflation remains 2014, but events of the last year have accelerated the movement towards this ultimate dollar catastrophe.