With the Federal Reserve firing up the presses for a third round of quantitative easing, it’s only a matter of time before more talk of imminent hyperinflation
pops up. While calm discussions on the prospects of hyperinflation are
rare (and there’s often a tinge of hysteria or paranoia around the
topic), the reality is that the U.S. does have some disturbing trends
working against it in terms of demographics, debt/deficits, and a policy
of easy money that debases the fiat currency.
What’s more, thumbing through the history books shows that periods of
extreme inflation or hyperinflation (definitions vary) are not all that
uncommon around the world. Post-World War I Germany is probably the
most oft-cited example, but a range of countries including Greece,
Russia, Argentina, China, Brazil, and Zimbabwe (most recently) have seen
stretches of inflation severe enough to call it hyperinflation.
Follow this link for more:
http://commodityhq.com/2012/how-to-prepare-yourself-for-hyperinflation/
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