Originally Posted By: tanstaafl.
Originally Posted By: TigerJimmy
We know that over $2T has been added to the supply of dollars in the last 3 years
Another way to look at is that this country (the U.S.) owes so much money (depending on how you look at the numbers, anywhere from seven to 14 trillion dollars) that there are only two ways to get out of it: default, or hyper-inflation. Since our "leaders" (there's a joke!) are concerned only with their next election, default is not an option. So that leaves...

tanstaafl.


Well said. You did the right thing. I'm trying to work a plan to leave the country also. :-)

Hyperinflation only means the destruction of the currency, though. So as long as you have real assets (non US-dollar denominated), you can survive it. But it's going to hurt bad.


Edited by TigerJimmy (20/10/2011 20:27)