"There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." -Ludwig Von Mises
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Feb
13

Shadow Stats: Use Your Hundred Dollar Bills for Toilet Paper

Author: Mac Slavo
- February 13th, 2009
                           

John Williams of ShadowStats.com is interviewed on Market Watch to discuss the real deal with deflation, inflation and how the government is keeping the system afloat.

Mr. Williams gives some ideas for long-term wealth preservation, including holding gold and other items that can be used for barter in a hyper-inflationary scenario.

Watch the video:

Author: Mac Slavo
Date: February 13th, 2009
Visit the Author's Website: http://www.SHTFplan.com/

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Posted In: Forecasting

 

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