The FED Has Virtually Guaranteed Hyperinflation

August 21, 2012 By 4 Comments

Greg Mannarino discusses how the Fed’s monetary policies have virtually GUARANTEED hyperinflation here in the US.
Weimar anyone?


Check out these similar articles:

  1. Greg Mannarino – When Debt Bubble Bursts, People Are Going to Suffer on a Biblical Scale
  2. Silver Hyperinflation…The Demise of America
  3. David Morgan: SILVER, HYPERINFLATION & the DEMISE of AMERICA
  4. James Turk: Hyperinflation & $8,000 Gold ‘A Sure Thing’
  5. SBSS 30. How Hyperinflation Happens
Filed Under: Uncategorized

Comments

  1. Avatar of AGXIIK AGXIIK says:
    August 21, 2012 at 11:18 AM

    I just started watching Greg’s video  He makes a alot of sense. 

  2. Avatar of mageofmaple mageofmaple says:
    August 21, 2012 at 12:31 PM

    While I think his predictions are entirely possible, I seems like a stretch to say that neither Ben Bernake, nor Barak Obama, nor Mitt Romney understands…  And it seems unlikely the FED would want hyperinflation.

  3. Avatar of XC Skater XC Skater says:
    August 21, 2012 at 12:52 PM

    It’s also not entirely impossible USA plans to get out of debt simply by imposing war on the world. When in doubt, they bring more war. And they always find ways to make it profitable. Wars have always brought them surges of inflation.

  4. Avatar of UglyDog UglyDog says:
    August 22, 2012 at 2:48 AM

    Author talks big, but only has a rudimentary understanding of the Fed, Austrian economics, and what is really going on.  

    The term hyperinflation is misused.  He means robust inflation, not hyperinflation.. The Fed is not a Ponzi scheme.  That implies that it is illegal.  It’s a legal pyramid scheme.  Currency values are relative to one and other. The dollar is going to be the last man standing.  Sure the dollar’s reserve status has diminished a bit, but there is no viable replacement.  A lot of other currencies will go down before the dollar and that will drive more people into dollars.  The U.S. has already taken steps to prevent a flood of euro dollars from entering the U.S. economy.  

    Central bankers are about control not profit.  They already have all the money they need because they are the ones who create it in the first place.  Keynesians look at the total supply of money and credit and in their Keynesian scheme it is absolutely essential that it keeps expanding.  Doesn’t really matter to them where the increase comes from be it from the personal credit growth, corporate, or gov’t debt.  It just has to keep expanding.

    People reference Weimer all the time.  Problem with that is it was a much different situation.

    What’s going to happen is that eventually some country will get smart and be the first to announce a fully gold backed currency.  Maybe the Russians as Rickards suggests. That will be a game changer. 

Speak Your Mind