John Williams of Shadow Stats has been calling for hyperinflation for quite some time.
And this could be the scariest of them all....
Saturday, May 9, 2009
Here is yet another case for hyperinflation. While we are spending as fast as we can---we are destroying the value of our currency. How are we going to afford the interest on continued debt when interest rates are sky high? MORE TAXES ANYONE? There will be a move to raise taxes which will only deepen the problem as it will cause job loss and more dependence on "big brother". We must stop spending NOW.
Posted by Stock Shotz at 8:11 AM