Worldwide Hyperinflation Race

Tuesday, October 12, 2010
By Paul Martin

FSK’s Guide to Reality

In the USA and Europe, there is massive inflation to bail out the banksters. Aiming for stable exchange rates, other countries are also inflating their money.

Politicians in other countries value their exports to the USA. As dollar inflation occurs, prices of non-US goods rise relative to US-produced goods. To keep exports at the same level, the other country must also inflate.

Consider a factory owner in China. The factory exports to the USA, receiving dollars. The factory owner trades his dollars with China’s government for newly-printed yuan. China’s government merely holds the dollars, rather than buying tangible goods. The net effect is that the USA exports inflation to China. In effect, China’s politicians are subsidizing the banksters in the USA.

Why are foreign bureaucrats so eager to export to the USA, in exchange for a piece of paper? That can’t continue forever.

The Rest…HERE

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