Thursday, September 1, 2011

World Wide Massive Inflation Starting with Uncle Ben

It's possible the US Fed could print enough money to make every US dollar worth exactly 25 cents. In that way, all that metal coin that has no use now could get used after all!

But, all US cash would be worthless then. So would the rest of the planet.

The good part? The debt would be paid off in US dollars (1 dollar for every 4 dollars of debt, ha ha.) Probably Europe would follow suit, or even beat the US to it, and all the Euro debt would be paid off by a single printing press.

That could be the brave new world, but it would take a little time... exactly how much time?

We know and understand. Gold will not save you but other hedges will. Best wishes and be careful out there.