WW's Hyperinflation Warning a Reality?



Walter Williams warned of hyperinflation in the United States as early as 2010 if exactly what has just occurred via the Federal Reserve this past Thursday, launching the weapon of last resort from our central bank, were to materialize into a reality.

Guess what?

It has happened.

So I ask you... what now?

I don't know about you but I see a lot of people off of their game, distracted and confused by crisis. Now is not really the time to be asleep at the wheel. And if you don't want to listen to me, see you on the other side.

Deflation is a line used as a clever ruse when the Fed has run out of ammo. Any idiot can figure out why prices are low and it certainly isn't due to deflation. The system is now being stuffed like a Thanksgiving turkey with funny money.

Let the hilarity ensue.

3 comments:

Independent Accountant said...

Junior:
I saw John Williams (JW) on television a few days ago. He was called an "economist" despite having no PhD. JW was interviewed and opposed by some "Name" economist. I am sure the "Name" was amazed. JW more than held his own. I do not predict a Weimar Germany style hyperinflation, but a decade of Latin American style inflation of 10-30% a year. Welcome to Argentina. Ten years of 20% "inflation" will leave the US with a "price level" 620% of today's. Of course, if ZimBen slips up, we could have a Zimbabwe. Stay tuned. It will be fun. Got gold? Get more. Got bonds, why?

"Pop"

Michael J. Bernard said...

The nightmare of Weimar 2 is coming, probably faster than we can imagine. G20 meeting will be a determining factor...

http://tinyurl.com/clck4y

mB

Talitha Halostar said...

Helicopter Ben Bernanke is swamping us with Massive Quantitative Easing....The Undertow is likely to destroy us all!

http://fargoneworld.blogspot.com