A quick Tour of Hyperinflation
Great article. My husband, Bob, and I saw this coming back in 1974 and have been spreading the word since then, to small avail.
One point not made was that the government has mortgaged away our country to other countries like China. When the whole ball of wax starts to melt, those mortgages are going to be called in and we, who were born and raised here in the USA, will find ourselves tenants on land that is no longer American owned. Actually, we are tenants already; most people just don’t know that… yet.
Also, remember the Federal Reserve isn’t federal at all. A wise banker once said, “Allow me to control the money and I don’t care who runs the country.”
Obviously, there is no simple fix. No, we cannot predict the future, but by looking to the history of once great nations, we can see the natural results of hyperinflation. Thank you for sharing in such a wise and concise manner.
Lizzie Hough
