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Dollar Sell-off and Hyperinflation by 2014

 
Face Palmer
Yo mamma pulls catapults to gondor

User ID: 1149868
Germany
10/25/2012 02:57 AM

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Dollar Sell-off and Hyperinflation by 2014
Mid-term doom predicted by John Williams.

"There's no way the consumer can fuel the economic recovery, and there is no way we're going to see one in the near future." Williams predicts, "The Treasury is going to have funding problems, and that means the deficit gets a lot worse."

It is only a matter of time before all the Fed money printing will "trigger a sell-off . . . and that will provide the early start of the hyperinflation."


"The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title."

Never attribute to malice that which is adequately explained by stupidity.
Face Palmer (OP)
Yo mamma pulls catapults to gondor

User ID: 1149868
Germany
10/25/2012 03:32 AM

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Re: Dollar Sell-off and Hyperinflation by 2014
bump
"The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title."

Never attribute to malice that which is adequately explained by stupidity.
Face Palmer (OP)
Yo mamma pulls catapults to gondor

User ID: 1149868
Germany
10/25/2012 04:27 AM

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Re: Dollar Sell-off and Hyperinflation by 2014
bump
"The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title."

Never attribute to malice that which is adequately explained by stupidity.
Anonymous Coward
User ID: 515073
United States
10/25/2012 06:42 AM
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Re: Dollar Sell-off and Hyperinflation by 2014
Time to start making salty and smoked beef jerky.
Face Palmer (OP)
Yo mamma pulls catapults to gondor

User ID: 26212588
Germany
10/25/2012 07:01 AM

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Re: Dollar Sell-off and Hyperinflation by 2014
Time to start making salty and smoked beef jerky.
 Quoting: Anonymous Coward 515073


Can't harm to have some rotating food storage.
"The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title."

Never attribute to malice that which is adequately explained by stupidity.
Anonymous Coward
User ID: 791392
United States
10/25/2012 09:16 AM
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Re: Dollar Sell-off and Hyperinflation by 2014
Your a little late....

20 dollar gold coin costs about 1700 dollars. That's about a 97% loss in the dollar since the creation of the Federal Reserve 99 years ago. So hyperinflation has already happened.

In fact so many dollars exist in the world that it's impossible to create enough dollars to have rapid hyper inflation.
smilesun

User ID: 26392085
Italy
10/27/2012 11:49 AM

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Re: Dollar Sell-off and Hyperinflation by 2014
Mid-term doom predicted by John Williams.

"There's no way the consumer can fuel the economic recovery, and there is no way we're going to see one in the near future." Williams predicts, "The Treasury is going to have funding problems, and that means the deficit gets a lot worse."

It is only a matter of time before all the Fed money printing will "trigger a sell-off . . . and that will provide the early start of the hyperinflation."


 Quoting: Face Palmer


hyperinflation Wowwww :-)