Turd Ferguson: Hyperinflation And Economic Collapse Coming To U.S.

[youtube=https://www.youtube.com/watch?v=Dp8n4e5BUGI]

• Note: I usually find arguments over hyperinflation or deflation as unnecessary and too academic. If you define hyperinflation as a monetary phenomenon best measured by an increase in money supply, then clearly the US (and much of the world) is in hyperinflation (because of QE). This is best shown by the inflated stock markets (and asset prices) around the world since 2008.
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• The way I see it, the coming collapse will be marked by both hyperinflation and deflation. And not just 1 or the other. For asset prices, I define these: as stuff that need financing (ie. debt) to purchase (like real estate, stock… ), it will be deflationary. For items that are largely purchased with cash, like food, groceries … ie. without debt financing , it will be hyperinflationary. Precious metals will hyperinflate as the public flees currency collapse into hard assets.

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