"“For those keeping up with the economic game of bumper cars we are playing, it seems likely that money printing will continue to the point of possible hyperinflation at some point. "
It is not a foregone conclusion but it seems likely. In that event what is the individual to do?
Some that have seen this possibility have come to realize that holding large amounts of debt before hyperinflation hits would allow them to pay off this debt with basically worthless currency and come out way ahead in the wealth game.
That works in theory, but how about in reality?” says Tom Chatham of Project Chesapeake
“The bankers and politicians control the money supply and are even now cashing in their paper wealth for tangibles that are actually worth something.
These people want it all and you can be assured of one thing. They will take the people to the cleaners before they are done with their redistribution of wealth.
Some may find themselves in a position to come ahead during any hyperinflation but they will be few and far between.
'via Blog this'