It’s time to buckle up because this is the beginning of hyperinflation.
An audio interview with Michael Oliver will be released within hours
discussing the gold and silver takedown and what to expect next.
The Early Stages Of Hyperinflation
October 2 (King World News) – Alasdair Macleod: “We’ve seen energy prices rocketing. And it’s quite possible we will see West Texas Crude — the WTI benchmark — moving from the current $75 towards $100. That is a major, major problem coming into the Northern Hemisphere’s winter. This is not going to be a happy Christmas. The disruption from the move up in energy prices is very, very widespread. It’s destabilizing European economies. I can tell that in the this country (the UK) it really has destabilized things.
And when I look at what’s going on it’s quite clear that we’ve got the sort of problems you get in the early stages of people beginning to realize that inflation is a problem. Now as far as they are concerned that is rising prices in the things they would normally buy. So what they do is they go out and they buy more of the things they normally purchase in case they have to pay more tomorrow. What this means is they are reducing their money position — their currency position — in favor of goods. That in turn means reducing the purchasing power of the money relative to the goods they buy.
This is the situation which no central banks want to see. And I think that eventually, unless they do something to stop it, what happens is the acceleration in prices for goods and services continues and accelerates (even more) and you’ve got hyperinflation. This is the beginning of a hyperinflation story. How can it be stopped? The only way…to continue listening to this powerful audio interview with Alasdair Macleod CLICK HERE OR ON THE IMAGE BELOW.
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