Monday, December 14, 2009

John Williams: hyperinflation within five years

Via:  RickAckerman.com   h/t cryptogon.com

John Williams of shadowstats.com argues that the international float of American currency losing favor as a store of value will trigger a sell-off, domestic inflation triggered by rising import prices, and a resultant hyperinflation.  Grim reading.  Predicts failure of domestic electronic commerce and a return to barter. 

Hyperinflation Special Report

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