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http://en.wikipedia.org/wiki/Hyperinflation
Yep, looks like Bernake central bank fraud is coming to a head. People are dumping US currency seeking haven in Brazil, India and China. Something is going to give in 2011 or 2012. Interest rates will have to shoot up to 15% or more, or the currency is going to become toilet paper. US Fed now creates more new inflationary debt dollars for DC than Americans consume in sheets of toilet paper. Will not be long before a USD becomes toilet paper. Imagine, filling a 200 gallon tank on a boat might cost $3000 in the not to distant future. |
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