The 2011 inflation crisis
Posted: Tue Feb 22, 2011 4:08 pm
http://www.stansberryresearch.com/pro/1 ... PSIM215/PR
That link points to a relatively short video explaining that with the treasury printing more money to cover our debt, inflation will increase causing our dollar to be worth crap. At that point everyone will abandon the dollar and it will lose its spot as the world's reserve currency. That means that we will have to pay for oil and other foreign produced commodities in something other than dollars causing prices to surge. Once oil prices surge food prices surge. Then riots occur and well, shit hits the fan. The video is worth a watch. This guy predicted the 2008 financial crisis and the bankruptcy of GM. This is by no means a conspiracy but a look at the road our country is headed on.
That link points to a relatively short video explaining that with the treasury printing more money to cover our debt, inflation will increase causing our dollar to be worth crap. At that point everyone will abandon the dollar and it will lose its spot as the world's reserve currency. That means that we will have to pay for oil and other foreign produced commodities in something other than dollars causing prices to surge. Once oil prices surge food prices surge. Then riots occur and well, shit hits the fan. The video is worth a watch. This guy predicted the 2008 financial crisis and the bankruptcy of GM. This is by no means a conspiracy but a look at the road our country is headed on.