Showing posts with label Zimbabwe. Show all posts
Showing posts with label Zimbabwe. Show all posts

Friday, April 11, 2014

Don't Be Wrecked by the Next Weimar or Zimbabwe

Don't Be Wrecked by the Next Weimar or Zimbabwe - lewrockwell.com

Excerpt from this article:

"The US stockmarket continues its rise to dizzy heights. The rise has very little to do with economic fundamentals but is more a function of money printing and the weak dollar.  The US in now slowly entering its hyperinflationary phase. Food prices are already up 19% in the first three months of 2014. On an annualised basis that is 76% which is a clear sign that hyperinflation is already starting. The dollar is likely to start a severe decline this year on its way to the intrinsic value of ZERO. As it falls the vicious spiral of a falling currency and massive money printing is likely to destroy the US economy in a hyperinflationary depression." 
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Recommended reading:
 
The Day the Dollar Died - youtube.com
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