The U.S. Hyperinflationary depression of 2010-2020

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This is the best written paper I have read on what is likely to happen to the U.S. economy between now and 2018.
I think what is said here is essentially correct. I do not think it will be quite as bad as the writer says or quite like Germany’s monetary collapse of the Weimar Republic only because our collapse will bring about the collapse of the economy of the whole world and the world power brokers will work overtime to come up with a solution (probably a world currency). I do see the living standards in the United States dropping to about half of what it is today in just a decade. The civil unrest this will all cause will change our nation and the world as we know it.

hadow Government Statistics » Special Issue - Hyperinflation

The U.S. economy is in an intensifying inflationary recession that eventually will evolve into a hyperinflationary great depression. Hyperinflation could be experienced as early as 2010, if not before, and likely no more than a decade down the road. The U.S. government and Federal Reserve already have committed the system to this course through the easy politics of a bottomless pocketbook, the servicing of big-moneyed special interests, and gross mismanagement.

The U.S. has no way of avoiding a financial Armageddon. Bankrupt sovereign states most commonly use the currency printing press as a solution to not having enough money to cover their obligations. The alternative would be for the U.S. to renege on its existing debt and obligations, a solution for modern sovereign states rarely seen outside of governments overthrown in revolution, and a solution with no happier ending than simply printing the needed money. With the creation of massive amounts of new fiat (not backed by gold) dollars will come the eventual complete collapse of the value of the U.S. dollar and related dollar-denominated paper assets.

What lies ahead will be extremely difficult and unhappy times for many.

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Tags: Politics, trends
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Date posted: Tuesday, May 27th, 2008 3:06 pm | Under category: Financial collapse, Uncategorized, dangers
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2 Comments

  1. annoymousNo Gravatar said »

    If this happens, I hope the confederacy rises again and takes over and straighten up things.

  2. DonNo Gravatar said »

    Or just Americans who actually believe and abide by the U.S. Constitution. The government right now is using powers it was never given in the Constitution to take over just about everything. We have become a socialist nation in just two weeks and nobody sees a problem?

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