How Hyperinflation Will Happen

#Future

Tue, Aug 24th, 2010 19:00 by capnasty NEWS

In this post, Gonzalo Lira explains how hyperinflation will happen. "One day -- when nothing much is going on in the markets, but general nervousness is running like a low-grade fever (as has been the case for a while now) -- there will be a commodities burp: a slight but sudden rise in the price of a necessary commodity, such as oil," he points out.

Gonzalo proceeds to describe the disturbing future that awaits the general public -- one of misery, starvation, of extreme poverty.

Yet, he remains optimistic, because hyperinflation will eventually end: "America won't end up like in some post'Apocalyptic, Mad Max: Beyond Thuderdome industrial wasteland/playground. Admittedly, that would be cool, but it's not gonna happen -- that's just survivalist daydreams". Not only, a hyperinflationist catastrophe might in the long run be better for the health of the U.S. economy and the morale of the American people, as opposed to a long drawn-out stagnation.

With secret talks by government officials taking place over critical future energy supplies, could we be at the breaking point?

  1554

 

You may also be interested in:

NASA: Civilization As We Know It to Collapse in a Few Decades
"New drugs [...] appear to vastly reduce the need for sleep without significant side effects."
Earth's Collapsing Biodiversity to Ruin Economy
"Many of the jobs and industries we are now familiar with will be gone tomorrow."
“Let the Chinese Communist Party rule forever and enslave us all?”