WHAT HAPPENS WHEN PRODUCTION DECLINES 80% BUT THE MONEY SUPPLY DOUBLES?
VIDEO: (324) Production drops 80%, Money Supply Doubles = ??? - YouTube
Can we say - Hyper Inflation?
We are already seeing huge increases in costs across the board -
1) Property Taxes
2) Food
3) Car Parts
4) Etc.
Bo Polny - A Great Economist - said a couple of days ago on Greg Hunter )One Great Reporter) that he expects to see Hyperinflation set in by September - along with Food Shortages world wide.
Form my perspective - when a Dollar could buy 20 - "18 Ounce Cokes" =- they were 5 Cents a piece in 1962 when I was a kid - it already has set in.
When I went to college Top Ramen was 12 for a buck, So every hour I worked in College brought in $10 - so I could buy 120 Top Ramen's every single hour I worked.
Last year it ran 4 for a buck - or 33 cents a piece
Today on Ebay - 1.00 a pack.
To match that how much would you have to earn today?
With Taxes - About $80/Hour - Or Over $160,000/Year.
Expect the prices to sky rocket
The Wall Of truth
Dr William B. Mount
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WIEMAR REPUBLIC, GERMANY
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