Spoke to my cousin who works for a top bank in London.
He stated that hyperinflation is never going to happen.
I'm not sure if he really believes that or he is being told to believe that.
I certainly believe hyperinflation is definitely round the corner.
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Your Cousin is right... We won't be going down that Path...
No Hyper-Inflation for the United States... We're going to
pay off the National Debt, plus interest... It can be done...
@pocketechange
... ...$7.77 ... ...1 vote ... ... .... Reet
Well they have added trillions to the balance sheet but hide it.. so does Japan.. just seems like this will go on for another 25 years
Maybe it will but the longer it goes on the worse it's all going to come crashing down.
They can only kick the can down the road for so long before the inevitable happens.
I have said the same thing for 10 years now.. gold and silver sitting piling dust. Perhaps I'll be right twice on the clock.. but at what cost? Everyone still borrows and lives like debt is nothing. Perhaps I was wrong being so frugal. Not that I want to take a loan or anything.
Haha. Yeah I see your point. It definitely wears you down after a while.
Makes you feel like you should just give in a live like everyone, borrowing and living without a care in the world.
Surely though it can't go on forever.
There has to be a step back at some point in time.
In a year or so it will be the longest ever economic expansion. The average is 4-5 years and we are now in the 9th.
Crazy stuff that's going on!!
that's why I think this will go on for at least another 10 years and less we had to war that usually balances the books sarcasm
You're going to be shocked when the Switch is Flipped and you find out how the Reset and Transfer of Wealth will occur... It's so simple, no one sees it coming...
@pocketechange
... ...$7.77 ... ...1 vote ... ... .... Reset
That would be a first time though bearbear. Ever