Dr Marc Faber author of the Gloom boom and Doom Report said in May:
“I am 100% sure that the U.S. will go into hyperinflation.” he also compared the inflation that could hit the USA as that in Zimbabwe , he recently called Ben Bernanke a criminal and a "money printer" accusing him of having flooded the monetary market with trillions of freshly printed US bank dollar notes backed by nothing and "worth nothing" .The government has recently injected so much money into the economy through bailouts, quantitative easing, purchase of treasury bonds , etc...this logically could lead to an inflation scenario and possibly to the collapse of the dollar and the loss of its status as a world reserve currency if the debtors nations decide to stop lending money to the USA and stop buying the US treasuries.....in the following clip Glenn Beck discusses how the hyperinflation is dangerous and the similarities between today's US economy and that of Germany's Weimar Republic ...
Tags: Hyperinflation inflation Marc Faber stimulus package germany spending federal reserve printing money recession depression deficit interest payments future china dollar http://peterschiff.tk http://schiffreport.tk Peter Schiff Ron Paul glenn beck obama CNN FOX CNBC Bloomberg aljazeera gerald celente warren buffett marc faber jim rogers gold silver dollar max keiser lou dobbs bob chapman alex jones david icke economy collapse stock marcket wall street Stock Market Crash Dollar Crisis Peak Oil US Dollar Collapse Crash Crisis Recession Economic Economy Currency Euro Financial Market
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