The First Stage of Inflation Has Already Hit, Next Up Is the Currency Collapse

Friday, December 17, 2010
By Paul Martin

Phoenix Capital Research
ZeroHedge.com
12/17/2010

One of the biggest misconceptions about inflation is that the US Dollar needs to collapse in order for inflation to occur. While a currency collapse often accompanies periods of heightened inflation, this is not necessarily true.

Case in point, the US Dollar actually rallied this year despite commodity prices exploding higher:

The rest…HERE

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