Meltup

The Beginning Of A US Currency Crisis And Hyperinflation
ZeroHedge
May. 23, 2010

Must watch hour long video from Inflation.us that is now making the viral rounds, explaining what everyone on this website understand, in simple language. Please forward to your friends and neighbors. Inflationist or deflationist, the facts behind this video are undeniable. It is time for the truth about our economy to break through the propaganda machine. - ZeroHedge

Comment from InformationLiberation:
This documentary is superb in its warnings of hyperinflation and I highly recommend it, but it's not perfect. Hyperinflation is not some %100 guarantee. Hyperinflation is entirely due to government policy, and government policy can change. I do think it's entirely likely our current suicidal policy will continue, personally I am heavily invested in gold and silver, but it's entirely within the realm of possibility simply high inflation will lead to the Fed being forced to raise rates simply because no one will buy our bonds, that would lead to a deflationary scenario and crash the economy if rates rose high enough. I think that is less likely than the Fed simply printing like crazy, perhaps printing itself into oblivion, but other researchers disagree.

As to the movie, I also take slight contention with the ending and the notion the solution is to buy quality and buy American. The reason people are not buying quality and buying American is because our government has made doing business in America so difficult, with so many hurdles to jump, that it's come to the point where it's cheaper to make things halfway across the world and then spend millions shipping the goods over on supertankers. Our government has banned entry level low wage jobs, Americans are literally forbidden from competing in these industries due to insane government regulations supposedly intended to "help." Hence our +30% unemployment among young people. I believe the solution to the problem is entirely found in Austrian Economics, the situation we are in is the fault of no one but our own government. - Chris, InfoLib

P.S. Please note, I would not sign up for their newsletter, it's connected to some rather nefarious individuals. If you want good information related to stocks and investing, check out Peter Schiff and Marc Faber. - Chris, InfoLib