Every economic factor in China suggests an enormous wave of hyperinflation will begin early this year.
While I have written about the threats facing the dollar, this will be the event that finally ends the US's borrowing binge and destroys our currency.
Hyperinflation in China will be a monumental event
Because China makes most of the world cheap consumer goods, it will export its hyperinflation around the world. This means that no fiat/paper currencies will survive this with its purchasing power intact. Some will lose all value (dollar) while others will survive while experiencing a loss of purchasing power (yuan, euro, yen, etc...).
The only money that will retain its full value in the face of Chinese hyperinflation is gold.
China will sink the dollar to save the yuan...
Read more: Hyperinflation Will Begin In China - Doom Dollar
Eric deCarbonnel www.marketskeptics.com
Duchess of Kent Died. Plus, British Government, Not the Royal Family,
Pushed for a Maximalist Approach for King Charles’ Coronation
-
It is with deep sorrow that Buckingham Palace announces the death of Her
Royal Highness The Duchess of Kent. Her Royal Highness passed away
peacefully la...
8 hours ago
No comments:
Post a Comment