Spark That Will Send The World Into A Hyperinflationary Spiral
April 5, 2013
Today James Turk warned King World News about the spark that will send the world into a hyperinflationary spiral, as well as the next banking crisis. Below is what Turk had to say in this extraordinary interview:
Eric King: “I have to ask you about all of the stimulation coming out of Japan?”
Turk: “We have this horse race as to which currency is going to be destroyed first: Is it the dollar, euro, pound, or the yen? And right now the yen is leading that horse race. What they (the Japanese) are planning to do is buy more government debt, which is going to be financing more government deficits.
Turning government debt into a currency is ultimately what leads to hyperinflation….