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Subject Peter Schiff predicts hyperinflation, civil unrest, food shortages, marshal law

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[quote:field:MV82MzI5MTdfOTkwMDYwM182NURCNzYxQQ==]
[quote:The Monk 515245]

"In the end, by refusing to allow market forces to work their cure, our economy will inevitably die from the disease. Our economy will now face death by hyperinflation, which will cause a complete loss of confidence in the dollar and result in prices and interest rates skyrocketing out of sight. The evaporation of our national wealth will lead to civil unrest, food and energy shortages, and the possible imposition of marshal law. If such a scenario unfolds, what is left of our Constitution will surely be completely shredded."

I don't see where the hyper-inflation comes from.  The dollar is gaining in strength right now as investors seek a safe haven. People are worried about the Euro's survival, of all things.

I think he's right about the bigger picture though. He spoke about the overall balance sheet of the US and how its unsustainable given our debt to equity and the fact that we're producing less and less and importing more and more, blah blah blah. He could be right. He has been so far.
[/quote]
yes he has been right. The dollar surge is a suckers feast. Watch out. The hammer will fall shortly, probably after the election and the euro will be the reserve currency at that time...until the yen is fully ready to rule.
[/quote]

Original Message Peter Schiff is the man to listen to. Years ago he predicted
this collapse and all the financial experts were
laughing at him.

The so called experts are now telling us to not worry
because the govt will save this big mess.

Peter on the other hand is telling us something
different. Who will you listen to? He didnt think it
would get this bad, but he know talks about serious
stuff, food shortages and marshal law, this guy owns
a huge global investment firm and is very respected around
the world. He wouldnt talk about food shortages and civil
unrest and marshal law unless he was 100% sure.

[link to www.europac.net]
part of the article:

"In the end, by refusing to allow market forces to work their cure, our economy will inevitably die from the disease. Our economy will now face death by hyperinflation, which will cause a complete loss of confidence in the dollar and result in prices and interest rates skyrocketing out of sight. The evaporation of our national wealth will lead to civil unrest, food and energy shortages, and the possible imposition of marshal law. If such a scenario unfolds, what is left of our Constitution will surely be completely shredded."

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