Bob Chapman on the Anatomy of the Coming Hyperinflation
Bob Chapman says The Fed is the Ultimate Zombie and that we have been on a road of inflation, headed towards hyperinflation, for quite some time.
As this debacle transpires, everyone owning dollar-denominated assets will be running for the exits, all the dollars parked in foreign currency reserves will be repatriated, and the currency speculators will go to town as the Fed pumps out money in ever-increasing quantities to fund bailout after totally illegal and disgusting bailout.Â Â This will mark the start of the period during which the Much Greater Depression will be at its most severe level, and is where will we be Weimarized.Â You won’t know about the foreign investment until it is too late because, conveniently, like the cessation of M3 statistics by the Fed, the FTC no longer provides figures regarding foreign investment in the US.
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Date: June 25th, 2009
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