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DEFLATION is coming , NOT INFLATION - don't be fooled
Ms Sans Serif
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[quote:Anonymous Coward 27807407:MV8yMDU0NzkwXzM0NTYwNDcwXzlCMzJCM0Y2] [quote:Anonymous Coward 12435395:MV8yMDU0NzkwXzM0NTYwMDg1XzZCQzlGMzZB] its hyperinflation till the end and then massive deflation. [/quote] No, it’s the meaning of hyperinflation that need clarification. [b]Hyperinflation is not the printing of massive amounts of paper script[/b] called money as it "is" the actual "loss of faith" in a/that currency that creates hyperinflation. As in: Your neighbor will try to get rid of his dollars before you get rid of yours. This escalates the prices of everything through the roof because the currency becomes a "hot potato" and no one wants it, as [b]everyone tries to get rid of it in exchange for any bit of value that can be extracted/exchanged from it before it becomes worthless[/b]. That's [b]hyperinflation[/b] There will be no deflation in that currency because they will change it to something else before any deflation in it, because people by then know its worthless and have no faith in it. Name one countries currency that went into deflation after hyperinflation ? You won’t find one ! The banks will buy the real value in hard assets like Gold or metals with the paper script "they" printed "while you had faith" "in it" long before you do. They will also sell you the paper script that represents the underlying asset that they are trying to accumulate by selling you ETF's like GLD that you "cannot" exchange for real gold. (only guys like Scoros) can Look up the BIS ([b]B[/b]ank/of/[b]I[/b]nternational/[b]S[/b]ettlements) and reclassification of Gold from a tier 3 (50% weighting) to a tier 1 (100% weighting) class asset on their balance sheets that should occur in early 2013 coinciding with the release of a new "basket of assets" world reserve currency that includes a 50% weighting of Gold.(worldwide) Reference Zimbabwe ! [/quote]
With Obamacare Taxes + the end of the Bush tax cuts coming - More people will Lose Jobs which will cause DEFLATION
DON'T BE FOOL
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