Hyperinflation Special Report by John Williams of Shadow Government Statistics
December 14th, 2009I can’t find this on the Shadowstats site. Anyway, here’s 36 pages of dollar doom for those who are interested.
Via: Rick Ackerman (PDF, about 1MB):
The U.S. economic and systemic solvency crises of the last two years are just precursors to a Great Collapse: a hyperinflationary great depression. Such will reflect a complete collapse in the purchasing power of the U.S. dollar, a collapse in the normal stream of U.S. commercial and economic activity, a collapse in the U.S. financial system as we know it, and a likely realignment of the U.S. political environment. The current U.S. financial markets, financial system and economy remain highly unstable and vulnerable to unexpected shocks. The Federal Reserve is dedicated to preventing deflation, to debasing the U.S. dollar. The results of those efforts are being seen in tentative selling pressures against the U.S. currency and in the rallying price of gold.
Research Credit: Pookie
It’s on ShadowStats:
http://www.shadowstats.com/article/hyperinflation-2010
One of the calmest, well-researched,
and thoughtful articles on (hyper)inflation
I’ve read. Very highly recommended.
This isn’t mainscream FOXCNN fratboy/blond-job
presenting the topic; it’s someone who’s been
at this research for decades, with broad
and deep government, business, and FED
connections.
KF/Rick did us a favor by posting it. Do yourself
one by reading it.
First link is 404, and second link is subscription only. Disappointing!